Blue Owl Capital (OWL) Acquires Kuvare Asset Management for $750M
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Blue Owl Capital (OWL) PT Raised to $22 at Evercore ISI, 'OWL Enters a New Channel'
April 4, 2024 4:18 AM EDTEvercore ISI analyst Glenn Schorr raised the price target on Blue Owl Capital (NYSE: OWL) to $22.00 (from $18.00) while maintaining a Outperform rating.
The analyst comments "Insurance Solutions OWL announced the purchase of KAM, bringing $20bn of fixed income AUM for a max purchase price of $1bn including the earn-out. The transaction is immediately accretive (we estimate... More
