Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Carlyle (CG) to $71 from $67 and keeps an Equal Weight rating on the shares. Ramping deal activity should be supportive for the alternative asset managers into Q4 and 2026, says the analyst, who raised EPS estimates by 4% and 1% ahead of consensus on average among the group as part of the firm’s Q4 earnings preview.
Claim 50% 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 $62 from $57 at Evercore ISI
- Carlyle price target lowered to $76 from $77 at TD Cowen
- 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
