KKR shares are trading higher after the company announced it acquired Houston Logistics Park. Also, Evercore ISI Group maintained an Outperform rating on the stock and raised its price target from $112 to $117.
Portfolio Pulse from Benzinga Newsdesk
KKR shares are trading higher following the acquisition of Houston Logistics Park and an Outperform rating with a raised price target from Evercore ISI Group.
July 15, 2024 | 3:49 pm
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KKR shares are trading higher after the company announced the acquisition of Houston Logistics Park. Additionally, Evercore ISI Group maintained an Outperform rating on the stock and raised its price target from $112 to $117.
The acquisition of Houston Logistics Park is a positive strategic move for KKR, likely to enhance its asset portfolio and revenue streams. The Outperform rating and increased price target from Evercore ISI Group further bolster investor confidence, contributing to the stock's upward movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100