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Morgan Stanley Direct Lending Fund stock hits 52-week low at $13.67
Morgan Stanley Direct Lending Fund (MSDL) stock has reached a new 52-week low of $13.67, representing a 31.18% decrease over the past year. Despite this, the fund offers a 13% dividend yield and trades at a P/E ratio of 9.98. Raymond James recently lowered its price target for MSDL from $18.50 to $17.00 but maintained an Outperform rating, signaling continued potential despite market challenges.