Oppenheimer Maintains Outperform on Carlyle Group, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an 'Outperform' rating on Carlyle Group (NASDAQ:CG) and raised the price target from $64 to $78.
October 16, 2024 | 1:00 pm
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Oppenheimer has reaffirmed its 'Outperform' rating for Carlyle Group and increased the price target from $64 to $78, indicating a positive outlook.
The increase in price target from $64 to $78 by Oppenheimer suggests a strong positive outlook for Carlyle Group. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100