Published On: Wed, Oct 19th, 2016

Horizon Technology Finance Corporation (NASDAQ:HRZN) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Horizon Technology Finance Corporation (NASDAQ:HRZN).

Most recent broker ratings

08/04/2016 – Horizon Technology Finance Corporation was downgraded to “hold” by analysts at Maxim Group.

08/04/2016 – Horizon Technology Finance Corporation was downgraded to “perform” by analysts at Oppenheimer.

07/07/2016 – Compass Point began new coverage on Horizon Technology Finance Corporation giving the company a “neutral” rating. They now have a USD 12.65 price target on the stock.

03/02/2016 – Horizon Technology Finance Corporation was upgraded to “outperform” by analysts at Barrington Research. They now have a USD 15 price target on the stock.

01/27/2016 – Horizon Technology Finance Corporation was downgraded to “market perform” by analysts at Raymond James.

11/10/2015 – Ladenburg Thalmann began new coverage on Horizon Technology Finance Corporation giving the company a “buy” rating. They now have a USD 13.5 price target on the stock.

11/04/2015 – Horizon Technology Finance Corporation had its “buy” rating reiterated by analysts at National Securities. They now have a USD 14 price target on the stock.

07/22/2015 – Horizon Technology Finance Corporation had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods.

07/01/2015 – Horizon Technology Finance Corporation was upgraded to “buy” by analysts at Gilford Securities.

05/14/2015 – Horizon Technology Finance Corporation was downgraded to “sell” by analysts at Zacks.

03/15/2015 – Horizon Technology Finance Corporation had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 15 price target on the stock.

06/24/2014 – Horizon Technology Finance Corporation was upgraded to “buy” by analysts at TheStreet.

06/18/2014 – Horizon Technology Finance Corporation had its “neutral” rating reiterated by analysts at FIG Partners.

03/13/2014 – Horizon Technology Finance Corporation had its “buy” rating reiterated by analysts at Guggenheim. They now have a USD 14 price target on the stock.

11/05/2013 – JMP Securities began new coverage on Horizon Technology Finance Corporation giving the company a “market perform” rating.

The share price of Horizon Technology Finance Corporation (NASDAQ:HRZN) was down -0.51% during the last day of trading, with a day high of 13.61. 35968 shares were traded during the last session.

The stock’s 50 day moving average is 13.53 and its 200 day moving average is 12.69.Horizon Technology Finance Corporation has a 52-week low of 9.01 and a 52-week high of 13.95.

Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The Company operates through lending and investment segment. The Company operates as a specialty finance company. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and cleantech industries (collectively Target Industries). The Company is focused on making secured debt investments (Venture Loans) to venture capital backed companies in its Target Industries. It also provides Venture Loans to publicly traded companies in its Target Industries. Its debt investment portfolio consists of approximately 50 debt investments. Horizon Technology Finance Management LLC is the investment advisor of the Company.