In a report released on November 7, Kenneth Lee from RBC Capital maintained a Buy rating on Sixth Street Specialty Lending (TSLX – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $20.42.
According to TipRanks, Lee is a 5-star analyst with an average return of 12.5% and a 58.88% success rate. Lee covers the Financial sector, focusing on stocks such as Cannae Holdings, Federated Hermes, and Safehold.
In addition to RBC Capital, Sixth Street Specialty Lending also received a Buy from JMP Securities’s Devin Ryan in a report issued on November 7. However, on November 6, 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 311.6K.
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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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