Keefe, Bruyette & Woods Initiates Coverage On Kayne Anderson BDC with Market Perform Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has initiated coverage on Kayne Anderson BDC (NYSE:KBDC) with a Market Perform rating and a price target of $17.
June 17, 2024 | 11:15 am
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NEUTRAL IMPACT
Keefe, Bruyette & Woods has initiated coverage on Kayne Anderson BDC with a Market Perform rating and a price target of $17. This suggests a neutral outlook for the stock in the short term.
The Market Perform rating indicates that the analyst expects the stock to perform in line with the market. The price target of $17 provides a specific valuation benchmark, but does not suggest significant upside or downside in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100