Alert: Rating Upgrade (1/10/25)-Blackrock TCP Capital Corp (NASDAQ: TCPC).

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Stock Rating Upgrade

The Value Trend Rating for Blackrock TCP Capital Corp (NASDAQ: TCPC) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.

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Recent Price Action

On 1/10/25, Blackrock TCP Capital Corp (NASDAQ: TCPC) stock declined modestly by -1.2%, closing at $8.52. However, this decline was accompanied by unusually low trading volume at 59% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.2% during the last week.

Current PriceTarget Research Rating

BlackRock TCP Capital has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. BlackRock TCP Capital has a good Appreciation Score of 80 but a very low Power Rating of 13, triggering the Low Neutral Value Trend Rating.

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