Evercore ISI Group Downgrades Carlyle Group to In-Line, Announces $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Glenn Schorr has downgraded Carlyle Group (CG) from Outperform to In-Line and set a price target of $32.
November 29, 2023 | 10:06 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Evercore ISI Group downgraded Carlyle Group from Outperform to In-Line and set a price target of $32.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $32 may also set a ceiling for the stock's expected performance, influencing investor expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100