KKR price target raised to $165 from $155 at Barclays

Barclays analyst Benjamin Budish raised the firm’s price target on KKR (KKR) to $165 from $155 and keeps an Overweight rating on the shares following what the firm calls “a nice EPS beat” in Q2. Commentary on the second half “felt a bit cautious on the other end of a more volatile Q2,” but the longer-term story remains intact, the analyst tells investors in a post-earnings note.