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Fly News Breaks for February 17, 2016
CG
Feb 17, 2016 | 08:16 EDT
As previously reported, Morgan Stanley upgraded Carlyle Group to Overweight from Equal Weight with a $20 price target on shares. Analyst Michael Cyprys citing compelling risk/reward and near-term catalysts that include the $4b in portfolio exit pipeline, a $4B investment deployment pipeline, a $200M buyback program, cost controls, and focus on more scalable fund strategies.
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