Great Elm Capital Corp. - Notes Price & Performance (GECCN)

Goldman Sachs has reduced its price target for State Street from $100 to $98, despite the bank posting better-than-expected first-quarter earnings. The adjustment reflects lower expectations for net interest income and fee revenues in a tough market. State Street maintains its positive revenue and expense guidance for 2025, signaling management's confidence.1

Great Elm Capital Corp shares closed at $10.24 on April 17, marking a 1.49% daily gain and a four-day upward streak. Despite the rally and positive trading signals, analysts recommend holding the stock rather than buying, citing ongoing volatility and a short-term trend that suggests possible declines in the coming months.2

After hitting a 52-week low of $9.50, Great Elm Capital increased its quarterly dividend by 6% and reported a rise in net assets. The company is pursuing growth via a CLO joint venture and asset-based lending expansion, aiming to strengthen returns despite recent earnings misses and a volatile market environment.3