Bank of America Securities Remains a Buy on TPG (TPG)
Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on TPG on April 2 and set a price target of $60.00.
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According to TipRanks, Siegenthaler is a 5-star analyst with an average return of 14.1% and a 56.35% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as BlackRock, T Rowe Price, and Blue Owl Capital.
In addition to Bank of America Securities, TPG also received a Buy from Goldman Sachs’s Alexander Blostein in a report issued today. However, on the same day, 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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