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KBW Keeps Their Hold Rating on Blue Owl Capital (OWL)

Tipranks - Tipranks - Sat Aug 1, 6:14AM CDT

KBW analyst Christopher Allen maintained a Hold rating on Blue Owl Capital today and set a price target of $9.50.

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Allen covers the Financial sector, focusing on stocks such as Interactive Brokers, Intercontinental Exchange, and LPL Financial. According to TipRanks, Allen has an average return of 21.3% and a 72.84% success rate on recommended stocks.

In addition to KBW, Blue Owl Capital also received a Hold from Barclays’s Benjamin Budish in a report issued today. However, on July 17, Oppenheimer assigned a Buy rating to Blue Owl Capital (NYSE: OWL).

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Based on Blue Owl Capital’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $753.81 million and a net profit of $15.54 million. In comparison, last year the company earned a revenue of $683.49 million and had a net profit of $7.43 million

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