RBC Capital initiated coverage of Blue Owl Technology Finance (OTF) with a Sector Perform rating and $15 price target The firm thinks investors may not be fully appreciating the “positive attributes” of Blue Owl Technology’s focus on lending to enterprise software companies. While the company could be “differentiated” in the business development company space as a return on equity expansion story, it could generate below peer average ROE in 2026 as it ramps up portfolio leverage, the analyst tells investors in a research note.
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