Goldman Sachs Sticks to Its Buy Rating for TPG (TPG)
In a report released today, Alexander Blostein from Goldman Sachs maintained a Buy rating on TPG, with a price target of $80.00.
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According to TipRanks, Blostein is a 5-star analyst with an average return of 16.3% and a 68.10% success rate. Blostein covers the Financial sector, focusing on stocks such as Apollo Global Management, Invesco, and Blackstone Group.
In addition to Goldman Sachs, TPG also received a Buy from Bank of America Securities’s Craig Siegenthaler in a report issued yesterday. However, today, TipRanks – OpenAI reiterated a Hold rating on TPG (NASDAQ: TPG).
Based on TPG’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.49 billion and a net profit of $77.11 million. In comparison, last year the company earned a revenue of $744.55 million and had a net profit of $12.98 million
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