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Wells Fargo upgrades Golub Capital to Overweight on diverse portfolio, valuation

As previously reported, Wells Fargo analyst Finian O’Shea upgraded Golub Capital (GBDC) to Overweight from Equal Weight with a $14 price target The firm says Golub’s diverse portfolio, structural support from its 8% incentive fee hurdle, and in-line valuation are relatively attractive to Wells.

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