Barclays Sticks to Their Buy Rating for Blue Owl Capital (OWL)
In a report released today, Benjamin Budish from Barclays maintained a Buy rating on Blue Owl Capital, with a price target of $19.00.
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Budish covers the Financial sector, focusing on stocks such as CME Group, Interactive Brokers, and Robinhood. According to TipRanks, Budish has an average return of 17.0% and a 65.44% success rate on recommended stocks.
In addition to Barclays, Blue Owl Capital also received a Buy from Raymond James’s Wilma Burdis in a report issued on December 10. However, on December 9, TR | OpenAI – 4o reiterated a Hold rating on Blue Owl Capital (NYSE: OWL).
Based on Blue Owl Capital’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $727.99 million and a net profit of $6.31 million. In comparison, last year the company earned a revenue of $600.88 million and had a net profit of $29.81 million
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OWL in relation to earlier this year. Earlier this month, Marc Lipschultz, the Co- CEO of OWL bought 158,000.00 shares for a total of $2,379,293.26.
Read More on OWL:
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- Finance of America enters into $2.5B partnership with funds managed by Blue Owl
- Blue Owl Capital assumed with a Neutral at UBS
- Blue Owl Capital put volume heavy and directionally bearish
- Blue Owl Capital price target lowered to $23 from $27 at BofA
- Blue Owl Capital upgraded to Strong Buy from Market Perform at Raymond James
