Raymond James Maintains Outperform Rating for Golub Capital BDC: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has reaffirmed its Outperform rating on Golub Capital BDC (NASDAQ:GBDC) and increased its price target from $16.00 to $16.50. GBDC's shares are currently trading at $15.53, and the new price target suggests a potential upside of 6.25%. Golub Capital BDC is an investment company focusing on income and capital appreciation through investments in U.S. middle-market companies.
January 23, 2024 | 5:00 pm
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Raymond James maintains Outperform rating on Golub Capital BDC and raises price target to $16.50, indicating confidence in the company's performance and potential for stock price increase.
The reaffirmation of the Outperform rating and the increase in price target by Raymond James are strong positive signals for investors, suggesting that the analyst firm believes GBDC will perform well in the near term. This could lead to increased investor confidence and a potential rise in GBDC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100