FS KKR Capital (NYSE:FSK) Price Target Cut to $18.00

According to Benzinga, JPMorgan Chase & Co. has lowered its price objective for FS KKR Capital NYSEFSK from $20.00 to $18.00 in a research note released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

FS KKR Capital NYSEFSK is a publicly traded company that operates in the financial services industry. It provides investment management and advisory services to institutional clients, including pension funds, endowments, and foundations. The company was formed in 2017 as a joint venture between FS Investments and KKR & Co.

The price target cut by JPMorgan Chase & Co. is likely due to the company's recent performance and market conditions. In addition to the downgrade from Compass Point, other reports have also been published on FSK in recent weeks. It is important for investors to carefully consider all available information before making investment decisions.