Barings BDC price target raised to $9.25 from $7.75 at Wells Fargo

Wells Fargo analyst Finian O’Shea raised the firm’s price target on Barings BDC to $9.25 from $7.75 and keeps an Overweight rating on the shares. Barings’ journey back to the basics likely presents a chance for the BDC to make headway on its discounted valuation, the analyst tells investors in a research note.