According to TipRanks, Wedel is a 4-star analyst with an average return of 6.9% and a 57.89% success rate. Wedel covers the Financial sector, focusing on stocks such as Hercules Capital, Inc., Ares Capital, and Blackstone Secured Lending Fund.
In a report released on July 23, Oppenheimer also initiated coverage with a Hold rating on the stock with a $25.00 price target.
Based on Blackstone Secured Lending Fund’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $328.47 million and a net profit of $25.25 million. In comparison, last year the company earned a revenue of $251.3 million and had a net profit of $149.81 million
