PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) is considered one of the best high growth stocks to invest in. Truist Financial analyst Arren Cyganovich assigned a Buy recommendation on PFLT with a price target of $11. The company reported allocating $633 million towards new and existing portfolio holdings with an average debt investment yield of 10.5%.

For the quarter ended September 30, 2025, PennantPark reported sales and repayments of investments totaling $256.2 million. Investment income for the same period amounted to $69 million from first lien secured debt and other investments, totaling $261.4 million for the year. PFLT primarily invests in floating rate loans of middle-market companies in the U.S.

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Read more at Yahoo Finance: Truist Analyst Bullish on PennantPark Floating Rate Capital (PFLT)