KKR & Co: Strong Financial Performance and Strategic Positioning Drive Buy RatingWe see multiple irons in the fire supporting growth outlook; Reiterate OW and Top Pick. Reiterate OW and Top Pick KKR. Amongst our alts asset mgrs coverage, we see KKR with higher exposure towards capital markets recovery that's already underway and see potential for continued constructive backdrop to bolster our outlook for fundraising, realizations, transaction fees and earnings. KKR's diversity across end markets is also attractively positioned to benefit from secular tailwinds across private credit, infrastructure, private wealth, and insurance that support a double digit growth outlook. 3Q earnings beat across fundraising, deployment, fee-related earnings, realizations, and EPS showcase building momentum, while the current backdrop gives mgmt confidence in achievability of $7+ EPS in 2026, ahead of consensus expectations.