Blue Owl Capital Corp rises after Wells Fargo upgrades to 'equal-weight'

Blue Owl Capital

17/03/2025 17:11

** Specialty finance firm Blue Owl Capital Corp's OBDC.N shares rise 3.1% to $14.85

** Wells Fargo Securities upgrades OBDC to "equal-weight" from "underweight"

** OBDC is a business development company focused on lending to U.S. companies

** Seven of 11 brokerages rate the stock "buy" or higher, three "hold" and one "sell"; median PT is $16.25 - data compiled by LSEG

** Stock down 1.8% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))