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KBW Reaffirms Their Buy Rating on KKR & Co (KKR)
KBW analyst Christopher Allen maintained a Buy rating on KKR & Co today and set a price target of $118.00.
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Allen covers the Financial sector, focusing on stocks such as Interactive Brokers, Intercontinental Exchange, and LPL Financial. According to TipRanks, Allen has an average return of 21.3% and a 72.84% success rate on recommended stocks.
KKR & Co has an analyst consensus of Strong Buy, with a price target consensus of $125.83.
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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