TD Cowen analyst Bill Katz lowered the firm’s price target on Carlyle (CG) to $76 from $77 and keeps a Buy rating on the shares. The firm’s stance remains tactically most bullish on Traditional Asset Managers, albeit with a tighter focus on higher-conviction ideas, while maintaining exposure to Alternatives with a shift toward more “Higher for Longer” positioning and less 2026 beta, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CG:
- Carlyle price target raised to $81 from $74 at UBS
- Chevron (CVX) Competes for $22 Billion Lukoil Asset Sale as U.S. Deadline Nears
- Private Markets: Anthropic raising $10B at $350B valuation
- Carlyle price target raised to $83 from $70 at Wolfe Research
- Media startup Semafor raises $30M in new financing, WSJ reports