Barings BDC price target raised to $10.25 from $9.50 at Compass Point

Compass Point raised the firm’s price target on Barings BDC to $10.25 from $9.50 and keeps a Buy rating on the shares. The firm is raising its target price-to-net asset value ratio to recognize what it calls company’s “high-quality diversified core portfolio,” the “robust” share repurchase program, expected improved credit performance and stability in the management team.