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Fly News Breaks for October 10, 2018
KKR
Oct 10, 2018 | 08:48 EDT
BofA Merrill Lynch analyst Michael Carrier downgraded KKR to Neutral from Buy citing the stock's fuller valuation following the company's C-corp conversion, though he still sees current trends as remaining favorable. He lowered his price target on KKR shares to $28 from $31.