Barclays Maintains Overweight on Carlyle Group, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish has maintained an Overweight rating on Carlyle Group (NASDAQ:CG) but lowered the price target from $38 to $37.
August 04, 2023 | 1:19 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Barclays has maintained an Overweight rating on Carlyle Group but lowered the price target from $38 to $37.
While the Overweight rating indicates that Barclays still sees Carlyle Group as a good investment, the lowering of the price target could potentially lead to a short-term decrease in the stock price. However, the impact is likely to be neutral in the short term as the decrease is minimal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100