Wells Fargo Initiates Coverage On KKR with Equal-Weight Rating, Announces Price Target of $130
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on KKR with an Equal-Weight rating and set a price target of $130.
September 12, 2024 | 1:59 pm
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NEUTRAL IMPACT
Wells Fargo has initiated coverage on KKR with an Equal-Weight rating and a price target of $130, indicating a neutral stance on the stock's performance.
The Equal-Weight rating suggests that Wells Fargo expects KKR to perform in line with the market. The price target of $130 provides a specific valuation expectation, but the neutral rating indicates no strong bullish or bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100