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Zacks Upgrades Goldman Sachs BDC Stock Rating to Strong-Buy

Guavy AI Editorial Team
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Goldman Sachs BDC (NYSE:GSBD) has seen its stock rating upgraded to strong-buy by Zacks Research, following a report released on Tuesday. This change in rating comes after previous upgrades and downgrades from various analysts.

The company had been given a 'hold' rating before the upgrade, but now has a strong-buy rating. The move has come as some analysts have expressed concerns about the stock's performance.

Goldman Sachs BDC is a business development company that invests in privately held middle-market businesses, generating income and providing long-term capital appreciation through debt securities and equity investments.

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