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
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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.
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