Morgan Stanley Maintains Equal-Weight on KKR & Co, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on KKR & Co (NYSE:KKR) and increased the price target from $75 to $82.
January 24, 2024 | 8:06 pm
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POSITIVE IMPACT
Morgan Stanley analyst Michael Cyprys maintains an Equal-Weight rating on KKR & Co and raises the price target from $75 to $82.
The increase in price target by Morgan Stanley suggests a positive outlook on KKR's future performance, which could lead to a short-term increase in the stock price. However, since the rating remains Equal-Weight, the impact may be moderate as it does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100