Truist analyst Arren Cyganovich lowered the firm’s price target on FS KKR Capital (FSK) to $11 from $17 and keeps a Hold rating on the shares as part of a broader research on BDCs – business development companies – with updates on several models post earnings. The expected reduction in 2026 net interest income reflects increased non-accrual loans, the analyst tells investors in a research note.
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