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Stock impact report

Truist Cuts Blue Owl Technology Finance Corp. (OTF) Price Target to $16 from $17 [Yahoo! Finance]

Blue Owl Technology Finance Corp. (OTF) 
Company Research Source: Yahoo! Finance
Truist Cuts Blue Owl Technology Finance Corp. (OTF) Price Target to $16 from $17 On February 23, Truist lowered its price target on Blue Owl Technology Finance Corp. (NYSE:OTF) to $16 from $17 and maintained a Buy rating following Q4 results. The firm updated its model to reflect higher top-line expectations and increased expenses, noting that leverage rose faster than anticipated. The modest decline in estimates primarily reflects higher assumed debt costs and lower other income projections. The same day, Keefe Bruyette lowered its price target to $13 from $16 and maintained a Market Perform rating. Blue Owl Technology Finance Corp. (NYSE:OTF) completed its NYSE listing in June 2025, becoming the largest publicly traded technology-focused BDC by total assets. The board declared a $0.35 regular quarterly dividend and five special dividends of $0.05 per share, supported by $0.40 of pre-listing spillover income. On February 18, the company reported Q4 adjusted net investment income Show less Read more
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