Blue Owl Capital's Buy rating maintained by TD Cowen with positive outlook for growth prospects
From Financial Modeling Prep: 2025-04-08 16:19:00
TD Cowen reiterated a Buy rating on Blue Owl Capital (NYSE: OWL) with a $30 price target, confident in the company’s long-term potential despite a 30% year-to-date drop in shares. The firm praised Blue Owl’s strong fundamentals, durable business model, and high conversion of free-related earnings to distributable earnings.
Blue Owl Capital is seen as undervalued by TD Cowen, trading at around 14.5x 2026 earnings estimates with a 5.5% forward dividend yield. Despite market uncertainty, the firm remains optimistic about Blue Owl’s growth prospects and expanding platform. TD Cowen believes current levels present an attractive entry point for investors.
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