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Compass Point upgraded TriplePoint Venture Growth BDC Corp (NYSE:TPVG) to Buy in a report released today.

Compass Point has upgraded TriplePoint Venture Growth BDC Corp (NYSE:TPVG) to Buy in a report released on 9/22/2016.

On 08/25/2016, Compass Point released a statement on TriplePoint Venture Growth BDC Corp (NYSE:TPVG) increased the target price from $0.00 to $12.25. At the time, this suggested an upside of 0.02%.

Showing a price of $10.59, TriplePoint Venture Growth BDC Corp (NYSE:TPVG) traded -0.47% lower on the day. The last closing price is down -1.23% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. TPVG has recorded a 50-day average of $11.20 and a two hundred day average of $10.81. 83,816 shares of the stock traded hands, down from an average trading volume of 132,439

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TriplePoint Venture Growth BDC Corp (NYSE:TPVG)

With a total market value of $0, TriplePoint Venture Growth BDC Corp has with a one year low of $8.83 and a one year high of $12.65 .

A total of 1 firm has issued a report on the company. One equity analyst rating the company a strong buy, zero analysts rating the company a buy, zero brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell with a one year target of $13.00.

Brief Synopsis About TriplePoint Venture Growth BDC Corp (NYSE:TPVG)

TriplePoint Venture Growth BDC Corp. is a closed-end, non-diversified management investment company. The Company's investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries, which are backed by TriplePoint Capital LLC's (TPC) select group of venture capital investors. The Company targets investment opportunities in venture growth stage companies backed by venture capital investors. The Company originates and invests primarily in loans that have a secured collateral position and are used by venture growth stage companies to finance their continued expansion and growth, equipment financings and, on a select basis, revolving loans. The Company is managed by TPVG Advisers LLC.

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