Citi resumed coverage of Blue Owl Capital (OWL) with a Buy rating and $30 price target The firm continues to like Blue Owl at current share levels, citing the embedded earnings power in the platform, its business mix, permanent capital model, and positioning in the wealth channel. The impact of recent acquisitions should help unlock growth opportunities in the insurance channel, alternative credit segment and infrastructure/real estate and help provide product diversity, particularly in credit, the analyst tells investors in a research note.
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Read More on OWL:
- TD Cowen upgrades Blue Owl Capital to Buy ahead of investor day
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