Blue Owl ticks higher on report that bankers are exploring a possible sale
+1.24% to $8.96 from $8.85
What moved OWL
- The Wall Street Journal reported, citing sources, that investment bankers have approached Blue Owl about a potential full or partial sale.
- The stock ticked up about 1% in Monday premarket trading on the report.
- TD Cowen said it expected Blue Owl shares to trade up on the Journal’s report.
- Piper Sandler cut its price target on Blue Owl to $12 from $13 on October 19 while maintaining an overweight rating.
- The sale-talk report followed a roughly 67% decline in Blue Owl’s stock price since January 2025.
Sources: CNBC · GuruFocus · MarketBeat