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Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) to Hold in a statement released on Tuesday October 11, 2016.

On 05/12/2016, Deutsche Bank released a statement for Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) bumped down the target price from $10.30 to $10.00 that suggested an upside of 0.30%.

Boasting a price of $8.84, Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) traded 0.12% higher on the day. With the last stock price close up 4.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Fifth Street Senior Floating Rate Corp has recorded a 50-day average of $8.70 and a two hundred day average of $8.21. Volume of trade was down over the average, with 53,096 shares of FSFR changing hands under the typical 146,474

Performance Chart

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR)

With a total market value of $0, Fifth Street Senior Floating Rate Corp has with a one year low of $6.53 and a one year high of $9.03 .

A total of 4 equity analysts have released a ratings update on FSFR. zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $8.75.

Brief Synopsis About Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR)

Fifth Street Senior Floating Rate Corp. is the United States-based closed-end, non-diversified management investment company. The Company's investment objective is to maximize its portfolio's total return by generating income from its debt investments while seeking to preserve its capital. The Company invests in senior secured loans, including first lien, unitranche and second lien debt instruments. The Company also invests in senior unsecured loans issued by private middle market companies and subordinated loans issued by private middle market companies and senior and subordinated loans issued by public companies. Its investment criteria include established companies with a history of positive operating cash flow; strong market presence; private equity sponsorship; seasoned management team; defensible and sustainable business, and exit strategy.

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