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Blue Owl Capital price target lowered to $12 from $13 at Wells Fargo

Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Blue Owl Capital (OBDC) to $12 from $13 and keeps an Equal Weight rating on the shares. The firm says that while navigating ripping Spreadwinds, a looming OBDC2 acquisition may limit upside potential on an industry recovery.

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