Truist lowered the firm’s price target on FS KKR Capital (FSK) to $17 from $19 and keeps a Hold rating on the shares as part of a broader research note on BDCs. The firm is updating its model to reflect the company’s Q3 results and revised guidance while still boosting its FY25 net interest income per share view by 3c to $2.37 reflecting higher dividend income and lower interest expense, the analyst tells investors in a research note.
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