Truist Financial analyst Mark Hughes maintained a Buy rating on Sixth Street Specialty Lending (TSLX – Research 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.
See Insiders’ Hot Stocks on TipRanks >>
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on TSLX: