Latest news with #DerekHewett
Business Insider
01-06-2025
- Business
- Business Insider
Ares Capital (ARCC) Gets a Buy from Bank of America Securities
Bank of America Securities analyst Derek Hewett reiterated a Buy rating on Ares Capital (ARCC – Research Report) on May 30 and set a price target of $23.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Hewett covers the Real Estate sector, focusing on stocks such as AGNC Investment, Apollo Real Estate, and Safehold. According to TipRanks, Hewett has an average return of 6.9% and a 64.85% success rate on recommended stocks. Ares Capital has an analyst consensus of Strong Buy, with a price target consensus of $22.13.
Business Insider
01-06-2025
- Business
- Business Insider
Bank of America Securities Reaffirms Their Buy Rating on Crescent Capital BDC (CCAP)
In a report released on May 30, Derek Hewett from Bank of America Securities reiterated a Buy rating on Crescent Capital BDC (CCAP – Research Report), with a price target of $17.00. Confident Investing Starts Here: According to TipRanks, Hewett is a 4-star analyst with an average return of 6.9% and a 64.85% success rate. Hewett covers the Real Estate sector, focusing on stocks such as AGNC Investment, Apollo Real Estate, and Safehold. In addition to Bank of America Securities, Crescent Capital BDC also received a Buy from Raymond James's Robert Dodd in a report issued on May 16. However, on the same day, Wells Fargo maintained a Hold rating on Crescent Capital BDC (NASDAQ: CCAP). Based on Crescent Capital BDC's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $42.13 million and a net profit of $16.62 million. In comparison, last year the company earned a revenue of $50.2 million and had a net profit of $28.01 million
Business Insider
01-06-2025
- Business
- Business Insider
Bank of America Securities Sticks to Their Buy Rating for Blackstone Secured Lending Fund (BXSL)
Bank of America Securities analyst Derek Hewett reiterated a Buy rating on Blackstone Secured Lending Fund (BXSL – Research Report) on May 30 and set a price target of $33.50. Confident Investing Starts Here: Hewett covers the Real Estate sector, focusing on stocks such as AGNC Investment, Apollo Real Estate, and Safehold. According to TipRanks, Hewett has an average return of 6.9% and a 64.85% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blackstone Secured Lending Fund with a $31.67 average price target.
