Compass Point Maintains Buy on Barings BDC, Raises Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Casey Alexander maintains a 'Buy' rating on Barings BDC (NYSE:BBDC) and raises the price target from $8.5 to $9.5.
August 16, 2023 | 5:18 pm
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Compass Point analyst Casey Alexander maintains a 'Buy' rating on Barings BDC and raises the price target from $8.5 to $9.5. This could potentially lead to an increase in the stock's price.
The 'Buy' rating maintained by Compass Point indicates a positive outlook for Barings BDC. The increase in the price target from $8.5 to $9.5 suggests that the analyst believes the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100