JP Morgan Maintains Overweight on Carlyle Group, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington has maintained an Overweight rating on Carlyle Group (NASDAQ:CG) and increased the price target from $38 to $39.
January 11, 2024 | 7:43 pm
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POSITIVE IMPACT
Carlyle Group's stock may see a positive impact in the short term due to JP Morgan's maintained Overweight rating and increased price target.
Analyst ratings and price target adjustments by major financial institutions like JP Morgan can influence investor sentiment and stock prices. The increase in price target suggests a bullish outlook on the company's performance, potentially leading to increased investor confidence and a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100