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Deutsche Bank Reaffirms Their Buy Rating on Carlyle Group (CG)

Tipranks - Tipranks - Fri Aug 7, 8:22AM CDT

Deutsche Bank analyst Brian Bedell maintained a Buy rating on Carlyle Group today and set a price target of $60.00.

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Bedell covers the Financial sector, focusing on stocks such as Robinhood, Coinbase Global, and Cboe Global Markets. According to TipRanks, Bedell has an average return of 18.6% and a 62.12% success rate on recommended stocks.

In addition to Deutsche Bank , Carlyle Group also received a Buy from Citizens JMP’s Devin Ryan in a report issued today. However, on the same day, TD Cowen maintained a Hold rating on Carlyle Group (NASDAQ: CG).

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Based on Carlyle Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $189.6 million and a GAAP net loss of $132.2 million. In comparison, last year the company earned a revenue of $807.8 million and had a net profit of $130 million

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