Citizens JMP analyst Devin Ryan raised the firm’s price target on Carlyle (CG) to $75 from $70 and keeps an Outperform rating on the shares. Despite an expectedly slower period of realizations, Carlyle reported “strong” Q2 results, the analyst tells investors in a research note. Citizens believes underlying fundamentals have inflected and momentum is accelerating across the firm.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CG: