Sound Point Meridian Capital, Inc. - Preferred Stock Price Target Increased by 16.34% to $37.86

The average one-year price target for Sound Point Meridian Capital’s preferred stock (NYSE: SPME) was raised 16.34% to $37.86 per share from $32.54 on September 13, 2026. The upward revision signals improved analyst valuation expectations, though the excerpt provides no underlying earnings, credit, or operating catalyst.