UBS Upgrades Blue Owl Cap to Buy, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has upgraded Blue Owl Capital (NYSE:OWL) from Neutral to Buy and increased the price target from $18 to $22.

April 02, 2024 | 8:08 pm
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POSITIVE IMPACT
Blue Owl Capital was upgraded by UBS from Neutral to Buy, with a price target increase from $18 to $22.
Analyst upgrades typically lead to positive market sentiment towards the stock in question. The upgrade from Neutral to Buy suggests a strong confidence in the company's future performance, and the increase in price target from $18 to $22 indicates an expectation of significant stock price appreciation. This is likely to attract investor interest and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100