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Barclays Releases a Buy Rating on KKR & Co (KKR)

Tipranks - Tue Jul 21, 3:02AM CDT

Barclays analyst Benjamin Budish assigned a Buy rating to KKR & Co today and set a price target of $124.00.

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Budish covers the Financial sector, focusing on stocks such as Robinhood, CME Group, and Coinbase Global. According to TipRanks, Budish has an average return of 9.9% and a 59.24% success rate on recommended stocks.

KKR & Co has an analyst consensus of Strong Buy, with a price target consensus of $125.91.

Based on KKR & Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4 billion and a net profit of $405.23 million. In comparison, last year the company earned a revenue of $3.05 billion and had a GAAP net loss of $185.92 million

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