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Noteworthy News: Business Development Companies (The Big Point)

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

Capital Southwest (CSWC): B. Riley raised its price target to $24 from $23.50 and kept its neutral rating on the stock.   The Rabid Capitalist previously reported on the company’s stellar quarterly performance in which it exceeded net interest income estimates and raised its dividend. 

Oaktree Specialty Lending (OCSL): OCSL reported adjusted quarterly net interest income of .57, below consensus estimates of .61.  Net Asset Value per share of $19.14 per share compared unfavorably to last quarter’s $19.63.   OCSL originated $370 million loans in the quarter. 

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