TD Cowen Initiates Coverage On Blue Owl Cap with Outperform Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Kirk has initiated coverage on Blue Owl Capital, trading under the symbol OWL on the NYSE, with an Outperform rating. Additionally, a price target of $17 has been set for the company's stock.
January 04, 2024 | 6:15 pm
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Blue Owl Capital has received an Outperform rating from TD Cowen, with a price target of $17, suggesting a positive outlook for the stock.
The initiation of coverage by an analyst with an Outperform rating typically indicates a positive view on the stock's future performance. The price target of $17 suggests that the analyst believes the stock has the potential to rise to this level in the short term. This can often lead to increased investor interest and potentially a rise in the stock price as the market reacts to the new coverage and price target.
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IMPORTANCE 85
RELEVANCE 100