Goldman Sachs Maintains Buy on Carlyle Group, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Buy rating on Carlyle Group (CG) but lowers the price target from $54 to $48.
May 02, 2024 | 4:04 pm
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Goldman Sachs maintains a Buy rating on Carlyle Group but lowers the price target from $54 to $48.
The adjustment in price target by Goldman Sachs reflects a recalibration of expectations for Carlyle Group's stock, potentially due to market conditions or company performance. While the Buy rating indicates continued confidence in the company's prospects, the lowered price target suggests a tempered outlook on the stock's short-term price performance.
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IMPORTANCE 75
RELEVANCE 100