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Crescent Capital BDC upgraded to Outperform from Market Perform at Keefe Bruyette

Keefe Bruyette upgraded Crescent Capital BDC (CCAP) to Outperform from Market Perform with a $17 price target Keefe expects a stable quarter for business development company earnings results, with fewer headwinds from rates and spreads, and activity slowed, but exited the quarter at a good pace and could set up a stronger second half, the analyst tells investors in a research note.

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