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KKR & Co. Inc. (NYSE:KKR) Stock Price Target Cut by Barclays

earningsfinancial marketsfinance$KKR

Barclays has lowered its price target for KKR & Co. Inc. (NYSE:KKR) from $130 to $127, while maintaining an "overweight" rating, indicating a potential upside of 37.27%. This adjustment comes amidst a broader positive analyst sentiment, with KKR holding a "Moderate Buy" consensus rating and an average target price of $124.05 from multiple research firms. The asset manager recently reported strong quarterly earnings of $1.63 per share, surpassing analyst estimates of $1.43.

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