Citizens JMP initiated coverage of Blue Owl Technology Finance (OTF) with an Outperform rating and $17 price target The firm expanded its coverage of business development companies. It thinks the recent underperformance across the industry is largely unwarranted. The selloffs have created “another compelling longer-term buying opportunity in these stocks,” the analyst tells investors in a research note.
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Read More on OTF:
- Blue Owl Technology Finance initiated with a Sector Perform at RBC Capital
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- Blue Owl Technology Finance price target lowered to $14 from $15 at BofA
- Hold Rating for Blue Owl Technology Finance Corp Amid Yield Pressure and Capital Deployment Challenges
- Blue Owl Technology Finance Corp. Reports Strong Q3 Growth
