What happened Shares of the alternative asset management company Blue Owl Capital (NYSE: OWL) had fallen more than 13.5% in the final hour of trading for no obvious reason. So what Interestingly, the day started off well for Blue Owl after analysts at Goldman Sachs upgraded the company to a buy rating and assigned a one-year price target of $18.50 per share. Shares gained almost 3% in pre-market trading. But at about 10 a.m. EDT today, things began to unravel and the stock dipped and never recovered. The Goldman report noted that Blue Owl's model was attractive because all of its earnings are from fee income, and its more than $52 billion assets under management are very sticky. Goldman also said in its note to expect earnings per share to rise at a compound annual growth rate of 40% through 2024, and then at a steady 20% rate after that. Image source: Getty Images. Now what While I am not exactly sure what brought down the stock today, shares in pre-market trading reached about $17, which is only about 9% off from Goldman's 12-month price target. Blue Owl is also up more than 42% over the past month, so investors might have decided to take some gains today, but the company looks well positioned. 10 stocks we like better than Blue Owl Capital Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Blue Owl Capital Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source