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Blackstone Secured Lending Fund price target lowered to $26 from $28 at RBC Capital

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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