Goldman Sachs Reiterates Buy Rating on Blue Owl Capital (OWL)

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Blue Owl Capital (OWL) PT Raised to $22 at Evercore ISI

October 8, 2024 5:41 AM EDT

Evercore ISI analyst Glenn Schorr raised the price target on Blue Owl Capital (NYSE: OWL) to $22.00 (from $21.00) while maintaining a Outperform rating.

The analyst comments "Continuing its plan to supplement its strong underlying organic growth, OWL announced the purchase of IPI which adds $10.5bn of digital infrastructure AUM for a $1bn purchase price. IPI brings a portfolio of 82 data centers which have the largest companies in... More