Truist Securities Maintains Buy on Blue Owl Capital, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Mark Hughes has maintained a Buy rating on Blue Owl Capital (NYSE:OBDC) and increased the price target from $16 to $18.
May 13, 2024 | 12:13 pm
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Truist Securities has reaffirmed its Buy rating on Blue Owl Capital and raised the price target from $16 to $18, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Mark Hughes from Truist Securities typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100