UBS Downgrades Blue Owl Cap to Neutral, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Adam Beatty has downgraded Blue Owl Capital (NYSE:OWL) from Buy to Neutral and lowered the price target from $15 to $14.
October 20, 2023 | 9:25 am
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Blue Owl Capital's stock rating has been downgraded by UBS from Buy to Neutral, with a reduced price target of $14.
The downgrade from Buy to Neutral by UBS indicates a less optimistic outlook for Blue Owl Capital. The lowering of the price target from $15 to $14 also suggests that UBS sees less upside potential in the stock. This could potentially lead to a short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100