RBC Capital lowered the firm’s price target on Blackstone Secured Lending Fund (BXSL) to $26 from $28 and keeps an Outperform rating on the shares. The firm remains positive on the company’s conservative risk profile, low expense model, portfolio construction, and access to BXCI – Blackstone Credit & Insurance – platform for originations flow, the analyst tells investors in a research note.
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Read More on BXSL:
- Blackstone Secured price target lowered to $23.50 from $24.50 at B. Riley
- Blackstone Secured Lending Fund Balances Income and Risk
- Blackstone Secured Lending Fund price target lowered to $25 from $26 at Keefe Bruyette
- Largest borrow rate increases among liquid names
- Blackstone Secured Lending Fund price target lowered to $26 from $27 at Keefe Bruyette
