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Bank of America Securities Remains a Buy on KKR & Co (KKR)

Tipranks - Tipranks - Tue Feb 10, 4:50AM CST

In a report released yesterday, Craig Siegenthaler from Bank of America Securities reiterated a Buy rating on KKR & Co, with a price target of $160.00.

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According to TipRanks, Siegenthaler is a 5-star analyst with an average return of 17.5% and a 61.15% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Affiliated Managers, BlackRock, and Interactive Brokers.

In addition to Bank of America Securities, KKR & Co also received a Buy from Evercore ISI’s Glenn Schorr in a report issued on February 6. However, on February 4, TipRanks – xAI downgraded KKR & Co (NYSE: KKR) to a Hold.

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Based on KKR & Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.46 billion and a net profit of $900.36 million. In comparison, last year the company earned a revenue of $4.73 billion and had a net profit of $600.55 million

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