Blue Owl Capital price target raised to $16 from $15.50 at JMP Securities

JMP Securities analyst Brian McKenna raised the firm’s price target on Blue Owl Capital to $16 from $15.50 and keeps an Outperform rating on the shares. Blue Owl reported another record quarter, and the resiliency of its portfolio is shining through, the analyst tells investors in a research note. The strength in underlying earnings more than supports the dividend, the firm says.