B. Riley Securities Downgrades Oaktree Specialty Lending to Neutral, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Bryce Rowe has downgraded Oaktree Specialty Lending (OCSL) from Buy to Neutral and set a price target of $21.
January 08, 2024 | 2:46 pm
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B. Riley Securities downgraded Oaktree Specialty Lending from Buy to Neutral, potentially reducing investor optimism and setting a price target of $21.
Downgrades by analysts can lead to a negative perception among investors and may result in a short-term decline in the stock's price. The new price target of $21 provides a benchmark that investors may use to adjust their expectations for the stock's future performance.
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