OWL Crosses Above Average Analyst Target
February 12, 2024 at 11:45 AM EST
In recent trading, shares of Blue Owl Capital Inc (OWL) have crossed above the average analyst 12-month target price of $16.42, changing hands for $17.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..