Blue Owl Technology Finance initiated with a Market Perform at Keefe Bruyette

Keefe Bruyette analyst Paul Johnson initiated coverage of Blue Owl Technology Finance (OTF) with a Market Perform rating and $16 price target The firm says the company’s return on equity is lower than peers while the stock’s current valuation upside is limited. Blue Owl Technology can trade in-line with the sector, the analyst tells investors in a research note.