
RF Industries Amends Loan Agreement for Flexibility

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RF Industries, Ltd. announced an amendment to its Loan and Security Agreement with Eclipse Business Capital LLC, extending the revolving credit facility’s maturity to March 15, 2029, and adjusting financial terms. This amendment aims to enhance financial flexibility and improve market positioning. The latest analyst rating for RFIL stock is a Hold with a price target of $8.00. Spark’s AI Analyst rates RFIL as Neutral, citing strong revenue growth but challenges in financial performance and valuation metrics. RF Industries operates in the electronics industry, focusing on connectivity solutions.
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