Keefe, Bruyette & Woods Maintains Outperform Rating for KKR & Co: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keefe, Bruyette & Woods has reaffirmed its Outperform rating on KKR & Co (NYSE:KKR) and increased its price target from $75.00 to $90.00. KKR's shares have risen 0.71% to $75.40, and the new target suggests a 19.36% upside. KKR manages $518.5 billion in assets, with $420.0 billion in fee-earning AUM as of June 2023.
December 04, 2023 | 5:00 pm
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Keefe, Bruyette & Woods maintains an Outperform rating on KKR & Co and raises the price target to $90, suggesting a 19.36% potential increase from the current price.
The reaffirmation of the Outperform rating and the raised price target by a reputable analyst firm like Keefe, Bruyette & Woods could lead to increased investor confidence in KKR & Co, potentially driving the stock price up in the short term. The 19.36% potential upside indicated by the new price target is significant and may influence market sentiment positively.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100