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Wells Fargo Adjusts SLR Investment Corp's Rating and Price Target

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  • Wells Fargo downgraded NASDAQ:SLRC to "Underweight" but raised the price target from $12 to $13.
  • SLR Investment Corp reported a net investment income of $21.6 million, or $0.40 per share, for the quarter ending June 30, 2025.
  • The company's net asset value (NAV) slightly increased to $18.19 per share as of June 30, 2025, indicating a stable financial position.

On August 12, 2025, Wells Fargo adjusted the grade of SLR Investment Corp (NASDAQ: SLRC) to "Underweight," while maintaining a "hold" action. At this time, SLRC's stock price was $16.36. Despite the downgrade, Wells Fargo raised the price target from $12 to $13. This suggests a cautious outlook, yet a slight optimism in the stock's potential.

SLR Investment Corp. recently announced its financial results for the quarter ending June 30, 2025. The company reported a net investment income of $21.6 million, or $0.40 per share. This performance supports the "hold" action, as the company continues to generate income. The Board declared a quarterly distribution of $0.41 per share, payable on September 26, 2025, to shareholders recorded by September 12, 2025.

The net asset value (NAV) of SLRC as of June 30, 2025, was $18.19 per share, slightly up from $18.16 per share on March 31, 2025. This increase in NAV indicates a stable financial position, which may have influenced Wells Fargo's decision to raise the price target. The company's focus on expanding its specialty finance businesses aligns with its strategic goals, despite a challenging investment environment.

SLRC's stock price is currently $16.36, experiencing a decrease of approximately 0.61% today, with a price change of $0.10. The stock has traded between a low of $16.30 and a high of $16.54 today. Over the past year, SLRC has seen a high of $17.94 and a low of $13.64. The company's market capitalization is approximately $892.5 million, with a trading volume of 150,286 shares.

SLR Investment Corp. has achieved record asset-based lending (ABL) originations for the second quarter, aligning with its strategic goal to shift the portfolio mix towards specialty finance investments. This focus on specialty finance may provide long-term growth opportunities, despite the current "Underweight" rating by Wells Fargo.

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