Keefe, Bruyette & Woods Reiterates Market Perform on Carlyle Group, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kyle Voigt reiterated a Market Perform rating on Carlyle Group (CG) and lowered the price target from $50 to $48.

May 02, 2024 | 1:50 pm
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NEGATIVE IMPACT
Keefe, Bruyette & Woods lowered the price target for Carlyle Group from $50 to $48 while maintaining a Market Perform rating.
The reduction in price target by Keefe, Bruyette & Woods could lead to a negative short-term sentiment among investors, potentially causing a decrease in Carlyle Group's stock price. The maintenance of a Market Perform rating indicates a neutral long-term outlook, but the immediate reaction to the price target cut could be negative.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100