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Truist Financial Sticks to Their Buy Rating for Sixth Street Specialty Lending (TSLX)
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Truist Financial Sticks to Their Buy Rating for Sixth Street Specialty Lending (TSLX)

Truist Financial analyst Mark Hughes maintained a Buy rating on Sixth Street Specialty Lending (TSLXResearch Report) on November 3 and set a price target of $22.00. The company’s shares closed yesterday at $20.50.

Hughes covers the Financial sector, focusing on stocks such as Brown & Brown, Encore Capital, and Fidelity National Financial. According to TipRanks, Hughes has an average return of 13.1% and a 63.43% success rate on recommended stocks.

In addition to Truist Financial, Sixth Street Specialty Lending also received a Buy from Wells Fargo’s Finian O’Shea in a report issued yesterday. However, on the same day, B.Riley Financial downgraded Sixth Street Specialty Lending (NYSE: TSLX) to a Hold.

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The company has a one-year high of $20.75 and a one-year low of $15.52. Currently, Sixth Street Specialty Lending has an average volume of 319.2K.

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Sixth Street Specialty Lending (TSLX) Company Description:

TPG Specialty Lending, Inc. is a specialty finance company, which focuses on lending to middle-market companies. Its investment comprises first-lien debt, second-lien debt, mezzanine and unsecured debt and equity, and other investments. The company was founded in July 2011 and is headquartered in Fort Worth, TX.

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