As previously reported, Wells Fargo analyst Finian O’Shea upgraded Blue Owl Technology Finance (OTF) to Overweight from Equal Weight with a $15 price target The firm cites its discounted valuation vs. its clean credit profile and newer vintage loan book. It also has a relatively unique setup given its current leverage position, which allows for optionality to show better-than-peer NOI trajectory through deployment if opportunities present, Wells adds.
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