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Investing.com - BofA Securities has reiterated its Neutral rating on Blue Owl Technology Finance Corp. (NYSE:OTF), maintaining a price target of $15.00. The company, currently trading near its 52-week low of $14.33, has demonstrated strong financial performance with a P/E ratio of 8.28 and revenue growth of 20.4% over the last twelve months.
The rating decision was announced by BofA Securities analyst Derek Hewett, who kept both the rating and price target unchanged for the specialty finance company.
Blue Owl Technology Finance Corp. operates as a business development company that primarily invests in technology-focused enterprises.
The maintained $15.00 price target suggests BofA Securities sees limited upside or downside potential for OTF shares at current trading levels.
The Neutral stance indicates BofA believes the stock is fairly valued at present, with performance likely to be in line with the market average over the relevant time period.
In other recent news, Blue Owl Technology Finance Corp. reported its Q2 2025 earnings, revealing an earnings per share (EPS) of $0.45, which exceeded the forecasted $0.35. The company also achieved revenue of $319.47 million. In another development, Blue Owl Technology Finance announced that it will release approximately 10% of each shareholder’s locked-up common stock earlier than planned on September 9, 2025. This early release will affect 46,513,271 shares, making them freely tradeable. The remaining shares will continue to be released in phases, with further releases scheduled for December 2025, March 2026, and June 2026. Additionally, Clear Street has initiated coverage on Blue Owl Technology Finance with a Hold rating and a price target of $15.00. These recent developments reflect ongoing strategic moves and analyst attention surrounding the company.
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