Kayne Anderson BDC price target lowered to $15 from $16 at Wells Fargo

Wells Fargo analyst Finian P. O’Shea lowered the firm’s price target on Kayne Anderson BDC (KBDC) to $15 from $16 and keeps an Overweight rating on the shares. The firm says that Finco plays aren’t the greatest BDCs, but Kayne’s is “looking good out of the gate.”