| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/10/2022 | 2.8% | Wells Fargo | $13 → $12.5 | Maintains | Overweight |
| 10/14/2022 | -5.43% | B. Riley Securities | → $11.5 | Initiates Coverage On | → Neutral |
| 02/07/2022 | — | Janney Montgomery Scott | Initiates Coverage On | → Buy | |
| 10/25/2021 | 17.19% | Wells Fargo | $14 → $14.25 | Maintains | Overweight |
| 04/27/2020 | -25.99% | Wells Fargo | $8 → $9 | Maintains | Overweight |
| 04/13/2020 | -9.54% | Oppenheimer | $15 → $11 | Maintains | Outperform |
| 03/25/2020 | -34.21% | Wells Fargo | $14.5 → $8 | Maintains | Overweight |
| 03/06/2020 | 2.8% | National Securities Corporation | → $12.5 | Initiates Coverage On | → Neutral |
| 02/03/2020 | 19.24% | B of A Securities | → $14.5 | Initiates Coverage On | → Buy |
| 12/05/2019 | 21.3% | Deutsche Bank | → $14.75 | Initiates Coverage On | → Buy |
| 10/04/2018 | 15.13% | Wells Fargo | $15 → $14 | Maintains | Outperform |
New Mountain Finance Questions & Answers
The latest price target for New Mountain Finance (NASDAQ: NMFC) was reported by Wells Fargo on November 10, 2022. The analyst firm set a price target for $12.50 expecting NMFC to rise to within 12 months (a possible 2.80% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for New Mountain Finance (NASDAQ: NMFC) was provided by Wells Fargo, and New Mountain Finance maintained their overweight rating.
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 November 10, 2022 so you should expect the next rating to be made available sometime around November 10, 2023.
While ratings are subjective and will change, the latest New Mountain Finance (NMFC) rating was a maintained with a price target of $13.00 to $12.50. The current price New Mountain Finance (NMFC) is trading at is $12.16, which is out of the analyst's predicted range.
