Fifth Street Finance (FSC), one of the positions in the QES model portfolios, is now being followed by FBR Capital. The firm initiated coverage with an "outperform" rating and a $14.50 price target.
FSC is a lender to mid-sized companies and finances acquisitions of companies by private equity sponsors. We have discussed the firm in several blog posts.
Disclaimer: The author, and the QES portfolios, own FSC.
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