Wells Fargo Maintains Equal-Weight Rating, Raises PT to $65

Wells Fargo Maintains Equal-Weight Rating, Raises PT to $65

Wells Fargo & Company (NYSE: WFC) has maintained its Equal-Weight rating on Blue Owl Capital (NYSE: OWL), but has raised its price target to $13.00. The stock is currently trading at $18.94, with analyst targets ranging from $16.50 to $29.00 [3].

The firm noted that Ideal Image was added to non-accrual status during the quarter, representing a relatively small $13.4 million position. Several portfolio companies experienced notable unrealized marks, including National Dentex, which declined from 77 to 51 while maintaining its $78 million fair value. Conair Holdings was downgraded by both Moody’s and S&P during the quarter, causing its valuation to fall from 90 to 77. Notorious Topco decreased from 86 to 74, while Cornerstone 2L improved from 88 to 96 and Premier Imaging climbed from 92 to 95 [3].

Wells Fargo adjusted its earnings estimates for Blue Owl Capital to $1.58, $1.38, and $1.22 (Adjusted NOI for purchase accounting) for 2025 through 2027, compared to previous estimates of $1.56, $1.35, and $1.24. The firm’s $13 price target continues to reflect an 11% yield on forward NOI, with analysts incorporating more weight from specialty finance strategies that offset market spread compression, while near-term estimates benefited from recent movements in the SOFR curve [3].

In other recent news, Blue Owl Capital Inc. reported its second-quarter 2025 earnings, showcasing a notable revenue performance that exceeded expectations. The company achieved a revenue of $703.11 million, surpassing the anticipated $591.51 million, resulting in an 18.87% surprise. Earnings per share (EPS) were in line with forecasts, standing at $0.21. These developments highlight Blue Owl Capital’s strong financial performance during the quarter. Additionally, the earnings announcement positively influenced investor sentiment [3].

References:
[1] https://www.ainvest.com/news/lyondellbasell-industries-wells-fargo-lowers-pt-65-75-maintains-overweight-rating-2508/
[2] https://ng.investing.com/news/analyst-ratings/rockwell-automation-stock-downgraded-by-wells-fargo-on-valuation-concerns-93CH-2052251
[3] https://www.investing.com/news/analyst-ratings/blue-owl-capital-stock-rating-maintained-at-equal-weight-by-wells-fargo-93CH-4179950