Blue Owl Capital price target raised to $18 from $16 at Truist

Truist raised the firm’s price target on Blue Owl Capital to $18 from $16 and keeps a Buy rating on the shares. The company’s Q1 results were highlighted by “solid” returns and “strong” credit quality, the analyst tells investors in a research note, adding that Blue Owl management has indicated that they have not seen any pickup in stress across the portfolio and credit performance remains strong.