In a report released today, Brian McKenna from JMP Securities reiterated a Buy rating on Sixth Street Specialty Lending (TSLX – Research Report), with a price target of $22.50. The company’s shares closed yesterday at $20.87.
McKenna covers the Financial sector, focusing on stocks such as KKR & Co, Sixth Street Specialty Lending, and Blue Owl Capital. According to TipRanks, McKenna has an average return of 35.2% and an 85.00% success rate on recommended stocks.
Sixth Street Specialty Lending has an analyst consensus of Strong Buy, with a price target consensus of $22.70.
TSLX market cap is currently $1.95B and has a P/E ratio of 8.44.
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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.