PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) is one of the best high growth stocks to consider. On November 26, Arren Cyganovich from Truist Financial assigned a Buy recommendation on PennantPark, along with a price target of $11.
In other news, PennantPark Floating Rate Capital Ltd. reported its financial results for the quarter ended September 30, 2025. The company allocated $633 million towards 11 fresh and 105 current portfolio holdings with debt investments yielding 10.5% on average. Sales and repayments of investments for the quarter stood at $256.2 million.
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During the three months and year ended September 30, 2025, investment income amounted to $69 million and $261.4 million, respectively, from first lien secured debt and other types of investments.
PennantPark Floating Rate Capital Ltd. is a business development company that invests in floating rate loans and other debt or equity of middle-market companies, primarily in the United States.
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