Piper Sandler Maintains Overweight on Carlyle Group, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Paul Newsome maintains an Overweight rating on Carlyle Group (NASDAQ:CG) but lowers the price target from $46 to $42.
May 18, 2023 | 1:25 pm
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Piper Sandler analyst maintains Overweight rating on Carlyle Group (NASDAQ:CG) but lowers price target from $46 to $42.
The news directly mentions Carlyle Group (NASDAQ:CG) and its lowered price target by Piper Sandler analyst Paul Newsome. While the Overweight rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a reduced growth potential.
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