| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/04/2023 | -7.83% | Wells Fargo | $11.5 → $12 | Maintains | Equal-Weight |
| 05/10/2023 | -0.15% | Oppenheimer | $14 → $13 | Maintains | Outperform |
| 05/10/2023 | -11.67% | Wells Fargo | $11 → $11.5 | Maintains | Equal-Weight |
| 04/18/2023 | -15.51% | Wells Fargo | → $11 | Downgrades | Overweight → Equal-Weight |
| 11/10/2022 | -3.99% | Wells Fargo | $13 → $12.5 | Maintains | Overweight |
| 10/14/2022 | -11.67% | B. Riley Securities | → $11.5 | Initiates Coverage On | → Neutral |
| 02/07/2022 | — | Janney Montgomery Scott | Initiates Coverage On | → Buy | |
| 10/25/2021 | 9.45% | Wells Fargo | $14 → $14.25 | Maintains | Overweight |
| 04/27/2020 | -30.88% | Wells Fargo | $8 → $9 | Maintains | Overweight |
| 04/13/2020 | -15.51% | Oppenheimer | $15 → $11 | Maintains | Outperform |
| 03/25/2020 | -38.56% | Wells Fargo | $14.5 → $8 | Maintains | Overweight |
| 03/06/2020 | -3.99% | National Securities Corporation | → $12.5 | Initiates Coverage On | → Neutral |
| 02/03/2020 | 11.37% | B of A Securities | → $14.5 | Initiates Coverage On | → Buy |
| 12/05/2019 | 13.29% | Deutsche Bank | → $14.75 | Initiates Coverage On | → Buy |
| 10/04/2018 | 7.53% | Wells Fargo | $15 → $14 | Maintains | Outperform |
What is the target price for New Mountain Finance (NMFC)?
The latest price target for New Mountain Finance (NASDAQ: NMFC) was reported by Wells Fargo on August 4, 2023. The analyst firm set a price target for $12.00 expecting NMFC to fall to within 12 months (a possible -7.83% downside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for New Mountain Finance (NMFC)?
The latest analyst rating for New Mountain Finance (NASDAQ: NMFC) was provided by Wells Fargo, and New Mountain Finance maintained their equal-weight rating.
When is the next analyst rating going to be posted or updated for New Mountain Finance (NMFC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Mountain Finance, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Mountain Finance was filed on August 4, 2023 so you should expect the next rating to be made available sometime around August 4, 2024.
Is the Analyst Rating New Mountain Finance (NMFC) correct?
While ratings are subjective and will change, the latest New Mountain Finance (NMFC) rating was a maintained with a price target of $11.50 to $12.00. The current price New Mountain Finance (NMFC) is trading at is $13.02, which is out of the analyst's predicted range.
