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Crescent Capital BDC price target lowered to $15 from $16 at Wells Fargo

Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Crescent Capital BDC (CCAP) to $15 from $16 and keeps an Equal Weight rating on the shares. The firm says that Falling base rates are likely a strong headwind to Crescent Capital BDC given its tighter net interest margin profile.

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