RBC Capital Initiates Coverage On Kayne Anderson BDC with Outperform Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has initiated coverage on Kayne Anderson BDC (NYSE:KBDC) with an Outperform rating and a price target of $17.
June 17, 2024 | 12:35 pm
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RBC Capital has initiated coverage on Kayne Anderson BDC with an Outperform rating and a price target of $17. This positive analyst rating could boost investor confidence and potentially drive the stock price up in the short term.
The initiation of coverage with an Outperform rating and a specific price target of $17 by a reputable firm like RBC Capital is likely to positively influence investor sentiment. This could lead to increased buying activity and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100