Carlyle price target raised to $67 from $65 at TD Cowen
TD Cowen raised the firm’s price target on Carlyle (CG) to $67 from $65 and keeps a Buy rating on the shares. The firm attended the investor day and said there are two broad takes; the company seems to be favorably transitioned from an extended period of retooling to stronger execution; and the pathway to $6+ in 2028E DE seems compelling yet conservative.
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