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Fly News Breaks for November 2, 2015
KKR
Nov 2, 2015 | 08:12 EDT
Citi analyst William Katz raised his price target for KKR to $25 and added the stock to his firm's Focus List. The private equity firm's move a fixed distribution payment and introduction of a buyback should unlock "significant" value, Katz tells investors in a research note. He believes investors will now value the stock more favorably.