Wells Fargo downgraded Golub Capital BDC (NASDAQ: GBDC) from Outperform to Market Perform with a price target of $17-$18.50 (unchanged). Analyst Jonathan Bock noted the stock's premium valuation.

For an analyst ratings summary and ratings history on Golub Capital BDC click here. For more ratings news on Golub Capital BDC click here.

Shares of Golub Capital BDC closed at $17.62 yesterday.