UBS Group has reduced its price target for KKR & Co. Inc. (NYSE:KKR) to $125.00 from $168.00, while maintaining a “buy” rating. This new target implies a potential upside of 24.09% from the stock’s previous close. Despite missing EPS estimates slightly in the latest quarter, KKR saw a significant 76.1% year-over-year revenue increase, and insiders have been actively purchasing shares.
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UBS Group Lowers KKR & Co. Inc. (NYSE:KKR) Price Target to $125.00
UBS Group has reduced its price target for KKR & Co. Inc. (NYSE:KKR) to $125.00 from $168.00, while maintaining a “buy” rating. This new target implies a potential upside of 24.09% from the stock’s previous close. Despite missing EPS estimates slightly in the latest quarter, KKR saw a significant 76.1% year-over-year revenue increase, and insiders have been actively purchasing shares.