1821 ET - Golub Capital's credit and earnings performance will continue to outperform the industry over the next 12 to 24 months, Raymond James analysts say in a research note. The direct lender and private credit asset manager is now above target leverage, faster than Raymond James projected, and producing an attractive return on equity for a lower-than-average risk portfolio, the analysts say. Still, that is priced into shares at current levels, the analysts add. Shares closed down 2.3% to $15.31. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

February 05, 2025 18:21 ET (23:21 GMT)

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