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Fly News Breaks for September 18, 2015
KKR
Sep 18, 2015 | 08:58 EDT
Morgan Stanley analyst Michael Cyprys says to buy KKR into Q3 earnings and longer-term as potential monetization events increase in second half 2015 and first half 2016. Cyrprys said KKR has completed 2 exits, which drives his above Street 45c dividend estimate. The analyst also sees potential unrealized gains that may drive Q3 upside. Morgan Stanley rates shares an Overweight with a $28 price target, down from $30.
News For KKR From the Last 2 Days
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.