OBDC Crosses Above Average Analyst Target
April 23, 2024 at 07:18 AM EDT
In recent trading, shares of Blue Owl Capital Corp (OBDC) have crossed above the average analyst 12-month target price of $15.65, changing hands for $15.79/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..