Nuveen Churchill Direct Lending (NYSE:NCDL) Raised to Hold at Wall Street Zen

Wall Street Zen has upgraded Nuveen Churchill Direct Lending (NCDL) from a “sell” to a “hold” rating, aligning with other analysts. The closed-end fund, specializing in middle-market private lending, now has a consensus “Hold” rating and an average price target of $15.75. NCDL’s financial metrics include a market cap of $682.8 million and a P/E of 9.04, with several institutional investors recently increasing their stakes.