BlackRock TCP Capital Downgraded by Oppenheimer Following Q4 Performance

Wednesday, 6 March 2024, 14:38

BlackRock TCP Capital (TCPC) faced a downgrade by Oppenheimer due to its Q4 results, which resulted in a reduced return-on-equity estimate. The stock downgrade was impacted by a net loss attributed to unrealized losses. Investors should be cautious about the changing outlook for BlackRock TCP Capital following this development.
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BlackRock TCP Capital Downgraded by Oppenheimer Following Q4 Performance

BlackRock TCP Capital Downgraded by Oppenheimer

Oppenheimer has downgraded BlackRock TCP Capital (TCPC) following the company's Q4 results, which have led to a lower return-on-equity estimate. This downgrade comes as the stock's performance was affected by a net loss due to unrealized losses.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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