MarketBeat Analyst action
Kayne Anderson BDC (NYSE:KBDC) Price Target Lowered to $15.00 at Royal Bank Of Canada
Royal Bank of Canada has lowered its price target for Kayne Anderson BDC (NYSE:KBDC) to $15.00 from $16.00, while maintaining an "outperform" rating. This new target suggests a potential upside of 10.70% from the stock's current price. The company recently reported strong quarterly earnings, exceeding analyst expectations, and has seen increased institutional investment.