JMP Securities Maintains Outperform on Blue Owl Cap, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Brian McKenna maintains an Outperform rating on Blue Owl Cap (NYSE:OWL) but lowers the price target from $19 to $18.

August 04, 2023 | 10:55 am
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Blue Owl Cap's price target has been lowered from $19 to $18 by JMP Securities, though the Outperform rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Outperform rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100