SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates GRDI, BALY, CGBD on Behalf of Shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 09 2024
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Source: Globenewswire
Investigation of Companies: Halper Sadeh LLC is investigating GRIID Infrastructure Inc., Bally’s Corporation, and Carlyle Secured Lending, Inc. for potential violations of federal securities laws and fiduciary duties related to their recent transactions.
Legal Support for Shareholders: The firm offers free consultations to shareholders regarding their rights and options in these matters, operating on a contingent fee basis where clients do not pay upfront legal fees.
Analyst Views on CGBD
Wall Street analysts forecast CGBD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGBD is 13.50 USD with a low forecast of 12.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
2 Buy
3 Hold
1 Sell
Hold
Current: 12.930
Low
12.00
Averages
13.50
High
15.00
Current: 12.930
Low
12.00
Averages
13.50
High
15.00
About CGBD
Carlyle Secured Lending, Inc. is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation primarily through assembling a portfolio of secured debt investments in United States middle market companies. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and unitranche loans) and second lien senior secured loans (collectively, Middle Market Senior Loans), with a minority of its assets invested in higher yielding investments (which may include unsecured debt, subordinated debt and investments in equities and structured products). The Company is externally managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
