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KKR

KKR

$14.24

-0.13 (-0.90%)

18:55
10/11/16
10/11
18:55
10/11/16
18:55

KKR in talks to acquire stake in L&T valves unit, Times of India reports

KKR is in discussions to acquire a large stake in Larsen & Toubro's industrial valves business, The Times of India reports, citing a source familiar with the matter. Should a deal be reached, it would be the latest bet by KKR in India's manufacturing and industrial sector after its investment in JBF Industries a year ago, the report says. Reference Link

KKR KKR
$14.24

-0.13 (-0.90%)

04/25/16
BOFA
04/25/16
NO CHANGE
BOFA
KKR risk/reward favorable, says BofA/Merrill
04/26/16
OPCO
04/26/16
NO CHANGE
Target $24
OPCO
Outperform
KKR fundamentals remain 'sound,' says Oppenheimer
Oppenheimer analyst Chris Kotowski says KKR's Q1 results were disappointing, missing on larger non-cash marks, but cash earnings metrics were closer to expectations and overall fundraising was strong. The analyst continues to think that the business is "very healthy." Kotowski reiterates an Outperform rating and raised his price target on the shares to $24 from $23.
07/05/16
07/05/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Netflix (NFLX) downgraded to Hold from Buy at Needham with analyst Laura Martin saying that the U.K.'s "Brexit" adds risk that decelerating U.K. and EU GDP growth will slow the company's subscriber growth or accelerate its churn rates. 2. Harley-Davidson (HOG) downgraded to Neutral from Outperform at Baird with the firm citing valuation amid unconfirmed rumors that KKR (KKR) is interested in acquiring the company. 3. Cirrus Logic (CRUS) and Skyworks (SWKS) downgraded to Sector Weight from Overweight at Pacific Crest with analyst Michael McConnell citing iPhone 7 concerns putting the estimates of both companies at risk. The analyst expects a 15%-20% decline in iPhone 7 shipments in the second half of 2016. 4. Cerner (CERN) downgraded to Market Perform from Outperform at Raymond James with analyst Nicholas Jansen citing balanced risk/reward and expectations for Q2 results to return to "normalcy." 5. Hershey (HSY) downgraded to Hold from Buy at Argus with analyst David Coleman citing valuation following takeover overtures by Mondelez (MDLZ). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/07/16
FBCO
07/07/16
INITIATION
Target $16
FBCO
Outperform
KKR reinstated with an Outperform at Credit Suisse
Target $16.

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HBIO

Harvard Bioscience

$3.90

-0.05 (-1.27%)

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Valmont

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LITE

Lumentum

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MAC

Macerich

$66.00

2.25 (3.53%)

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NFLX

Netflix

$227.58

7.12 (3.23%)

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  • 30

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HSGX

Histogenics

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  • 26

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GAIA

Gaia

$11.90

-0.05 (-0.42%)

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Gaia management to meet with B. Riley »

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  • 29

    Jan

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STT

State Street

$108.99

1.38 (1.28%)

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  • 23

    Jan

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Conference/Events
The Chicago Council on Global Affairs to hold a panel discussion »

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W

Wayfair

$90.64

2.8 (3.19%)

07:17
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Downgrade
Wayfair rating change  »

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  • 22

    Feb

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VYGR

Voyager Therapeutics

$20.23

1.56 (8.36%)

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TBK

Triumph Bancorp

$37.00

1 (2.78%)

07:13
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Triumph Bancorp rating change  »

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  • 30

    Jan

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CAT

Caterpillar

$170.89

0.48 (0.28%)

07:12
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Caterpillar rating change  »

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  • 25

    Jan

GPRO

GoPro

$6.30

0.01 (0.16%)

07:12
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Downgrade
GoPro rating change  »

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  • 01

    Feb

VZ

Verizon

$53.46

1.55 (2.99%)

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  • 23

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SRNE

Sorrento Therapeutics

$7.75

1.35 (21.09%)

, JUNO

Juno Therapeutics

$86.00

18.19 (26.83%)

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SRNE

Sorrento Therapeutics

$7.75

1.35 (21.09%)

JUNO

Juno Therapeutics

$86.00

18.19 (26.83%)

CELG

Celgene

$102.91

0.26 (0.25%)

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SPX

S&P 500

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ENLC

EnLink Midstream

$19.25

0.5 (2.67%)

, ENLK

EnLink Midstream Partners

$18.08

0.63 (3.61%)

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ENLC

EnLink Midstream

$19.25

0.5 (2.67%)

ENLK

EnLink Midstream Partners

$18.08

0.63 (3.61%)

TRGP

Targa Resources

$51.00

0.27 (0.53%)

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  • 23

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ACBFF

Aurora Cannabis

$11.65

0.8799 (8.17%)

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