Simply Wall St has lowered its fair value estimate for Bain Capital Specialty Finance from US$13.83 to US$12.67, reflecting reduced revenue growth expectations and a lower net profit margin. BofA maintained a Neutral rating with a US$13 price target, citing strong liquidity and better-than-expected core EPS and new deal spreads. Keefe Bruyette downgraded the stock to Market Perform from Outperform and cut its price target to US$13 from US$15, while Wells Fargo lowered its target to US$12 from US$13 and kept an Equal Weight rating. The revised fair value incorporates a revenue decline of 6.69% versus 5.22% previously, a net profit margin of 39.15% versus 43.35%, and a future P/E of 13.46x versus 12.25x.
Bain Capital Specialty Finance IncAnalysts lowered price targets and fair value estimates, reflecting reduced revenue growth and margin expectations.
Bank of America Corp