Crescent Capital BDC price target lowered to $19 from $20 at BofA

BofA lowered the firm’s price target on Crescent Capital BDC to $19 from $20 and keeps a Buy rating on the shares. Crescent Capital reported another solid quarter following record core earnings last quarter and the firm continues to view Crescent as well-positioned to gain share and deliver attractive risk-adjusted returns, the analyst tells investors in a research note.