Jefferies Maintains Hold on Carlyle Group, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Gerald O'Hara has maintained a Hold rating on Carlyle Group (NASDAQ:CG) but lowered the price target from $49 to $44.
May 09, 2024 | 7:31 pm
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Jefferies has maintained its Hold rating on Carlyle Group but reduced the price target from $49 to $44.
The reduction in price target by Jefferies suggests a downward revision in the expected performance or valuation of Carlyle Group. This could lead to short-term negative sentiment among investors, potentially impacting the stock price negatively.
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