Wunderlich Securities Starts GSV Capital (GSVC) at Buy, $20 PT

Wunderlich Securities initiates coverage on GSV Capital (NASDAQ: GSVC) with a Buy rating and a price target of $20.00.

Analyst Blake Harper comments, "GSVC is a vehicle for public equity investors to invest in a portfolio of private companies that as a whole is expected to grow faster than market averages due to each portfolio company’s market position in five major secular trends, the pre-IPO stage of the investments, as well as the portfolio company’s respective competitive advantages. We believe the stock price’s 28% discount to its NAV is unwarranted and represents an appealing entry price. We expect the stock to rise to $20 as the company monetizes its positions, realizes gains and creates value through cash distributions."

For an analyst ratings summary and ratings history on GSV Capital click here. For more ratings news on GSV Capital click here.

Shares of GSV Capital closed at $10.75 yesterday.

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