Wells Fargo analyst Finian O’Shea lowered the firm’s price target on Morgan Stanley Direct Lending (MSDL) to $14 from $16 and keeps an Equal Weight rating on the shares. The firm says the company’s new dividend may find near-term support from a new JV, but SOFR and portfolio rotation into lower-spread assets may call for another re-assessment
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Read More on MSDL:
- Morgan Stanley Direct Lending price target lowered to $16.50 from $18.50 at Keefe Bruyette
- Morgan Stanley Direct Lending Fund Balances Yield and Risk
- Morgan Stanley Direct Lending Posts Q4 Results, Declares Dividend
- Morgan Stanley Direct Lending Sets Q4 2025 Earnings Call
- Wells Fargo downgrades Morgan Stanley Direct Lending to Equal Weight
