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Evercore ISI Remains a Hold on TPG (TPG)

Tipranks - Tipranks - Tue May 5, 8:44AM CDT

In a report released today, Glenn Schorr from Evercore ISI maintained a Hold rating on TPG, with a price target of $47.00.

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Schorr covers the Financial sector, focusing on stocks such as Invesco, Acadian Asset Management, and TPG. According to TipRanks, Schorr has an average return of 8.4% and a 61.89% success rate on recommended stocks.

In addition to Evercore ISI, TPG also received a Hold from TD Cowen’s William Katz in a report issued today. However, on the same day, Deutsche Bank assigned a Buy rating to TPG (NASDAQ: TPG).

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Based on TPG’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $496.15 million and a GAAP net loss of $1.45 million. In comparison, last year the company earned a revenue of $743.33 million and had a net profit of $25.39 million

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