Truist lowered the agency’s worth goal on Blue Owl Capital (OBDC) to $16 from $17 and retains a Purchase score on the shares as a part of a broader analysis word on BDCs. The agency is updating its mannequin to mirror the corporate’s Q3 outcomes and revised steering whereas additionally slicing its FY25 web curiosity earnings per share view by 6c to $1.52 to mirror decrease assumed curiosity and payment earnings, mitigated by decrease incentive payment expense, the analyst tells buyers in a analysis word.
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