OCSL Crosses Above Average Analyst Target
January 15, 2021 at 08:14 AM EST
In recent trading, shares of Oaktree Specialty Lending Corp (OCSL) have crossed above the average analyst 12-month target price of $5.75, changing hands for $5.81/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..