Jim Cramer Discusses Blue Owl (OWL) After Major Market News

We just covered Jim Cramer Discussed The Iran Ceasefire & Commented On These 19 Stocks. Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks discussed by Jim Cramer.

Asset management firm Blue Owl Capital Inc. (NYSE:OWL)’s shares are down by 56% since mid June and by 44% year-to-date. BMO Capital commented on the stock on March 24 as it cut the share price target to $11 from $15 and kept an Outperform rating on the shares. The financial firm commented that it had discussed Blue Owl Capital Inc. (NYSE:OWL) in the context of the broader asset management industry, with the shift reflecting factors such as credit concerns, AI disruption, and market volatility. TD Cowen also recently discussed Blue Owl Capital Inc. (NYSE:OWL)’s shares as it cut the target to $14 from $16 and kept a Buy rating on the stock after investor meetings. On April 2nd, the stock closed 1.6% lower on the day the firm announced that it was facing withdrawal requests from investors for its non-traded funds. Cramer discussed the development:

“When you look at their actual holdings, they’re not, I don’t look at them and say well they’ve been devastated. You know that there are private equity firms that have publicly traded business development corporations that are well underneath their net asset value. We can go over those, but I do feel that, I’m saying it’s panic, I’m saying, wow, it’s great to get your money back.”

Jim Cramer Discusses Blue Owl (OWL) After Major Market News

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