B. Riley analyst Sean-Paul Adams lowered the firm’s price target on Blackstone Secured Lending Fund (BXSL) to $23.50 from $24.50 and keeps a Neutral rating on the shares post the Q1 report. The firm cites the company’s credit deterioration for the target drop.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BXSL:
- 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
- Blackstone Secured Lending Fund downgraded at B. Riley on markdown risk