Blue Owl Capital price target lowered to $16 from $17 at Truist

Group 1 - Truist has lowered the price target on Blue Owl Capital (OBDC) to $16 from $17 while maintaining a Buy rating on the shares [1] - The adjustment in the price target is part of a broader research note on Business Development Companies (BDCs) [1] - The firm's model update reflects the company's Q3 results and revised guidance, leading to a reduction in FY25 net interest income per share view by $0.06 to $1.52 [1] Group 2 - The decrease in net interest income per share is attributed to lower assumed interest and fee income, although this is somewhat mitigated by lower incentive fee expenses [1]