UBS Maintains Neutral on Carlyle Group, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brent Dilts maintains a Neutral rating on Carlyle Group (NASDAQ:CG) and raises the price target from $46 to $50.
April 12, 2024 | 4:23 pm
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UBS analyst Brent Dilts maintains a Neutral rating on Carlyle Group but raises the price target from $46 to $50.
The increase in price target by UBS suggests a positive outlook on Carlyle Group's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for CG, likely leading to increased investor interest and potentially a rise in stock price.
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