MidCap Financial Investment Corporation (NASDAQ:MFIC) Downgraded by Compass Point

By Yahoo! Finance | Jun 11, 2024 at 01:51 PM EST

Wall Street analysts downgraded MidCap Financial Investment Corporation (MFIC) due to concerns over its merger model transition with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Despite potential benefits, uncertainties and operational challenges led to a cautious "Neutral" rating by Compass Point.

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