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Fly News Breaks for April 14, 2015
KKR, CR
Apr 14, 2015 | 08:27 EDT
Oppenheimer's analyst says that private equity's business model is the best one he has seen in 30 years of following financial stocks. The firm expects most of the companies in the sector to report strong Q1 results, and predicts that investors will gain confidence in the sustainability of private equity firms' businesses. Oppenheimer identifies Crane (CR) and KKR (KKR) as its favorite names in the sector.
News For CR;KKR From the Last 2 Days
CR
Apr 17, 2024 | 07:40 EDT
KKR
Apr 16, 2024 | 09:41 EDT
KKR
Apr 16, 2024 | 07:15 EDT
TD Cowen raised the firm's price target on KKR to $154 from $144 and keeps a Buy rating on the shares. The firm raised their 12-month, blended sum-of-the-parts derived and Street high price target to reflect excess cash deployment, which assumes a static combined payout ratio but discounted by 15% to reflect uncertainty.
