FS KKR Capital price target lowered to $18.50 from $20 at Wells Fargo

Wells Fargo analyst Finian O’Shea lowered the firm’s price target on FS KKR Capital to $18.50 from $20 and keeps an Equal Weight rating on the shares. The firm says that FS KKR Capital’s ongoing credit headwinds and pro-Advisor fee structure keep Wells on the sidelines despite its significant discount to NAV.