Tikehau Capital price target raised to EUR 20.20 from EUR 19.20 at Citi

Citi raised the firm’s price target on Tikehau Capital (TKKHF) to EUR 20.20 from EUR 19.20 and keeps a Buy rating on the shares, in a sector note on European Brokers & Asset Managers. The firm calls alternative asset managers its “most preferred sub-sector within European Div Fins,” and believes fundamentals are “improving and continued recovery in deal activity should drive re-rating.”