Information Provided By:
Fly News Breaks for February 11, 2016
CG
Feb 11, 2016 | 07:22 EDT
UBS noted Carlyle Group reported in-line Q4 results but said its operational efficiency was encouraging. The firm believes the company is well positioned to grow assets under management at a robust rate and will likely have near-term realization and deployment opportunities. UBS maintained its Buy rating but lowered its price target to $17 from $25 on Carlyle Group shares.