Keefe, Bruyette & Woods Maintains Market Perform on Blue Owl Capital, Lowers Price Target to $15.5
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Paul Johnson maintains a Market Perform rating on Blue Owl Capital (NYSE:OBDC) but lowers the price target from $16 to $15.5.
August 20, 2024 | 2:46 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods has maintained a Market Perform rating on Blue Owl Capital but reduced the price target from $16 to $15.5, indicating a slightly less optimistic outlook.
The lowering of the price target suggests a less optimistic view on Blue Owl Capital's short-term performance, which could lead to a negative impact on its stock price. The Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100