TD Cowen Sticks to Its Hold Rating for TPG (TPG)
In a report released on January 5, from TD Cowen maintained a Hold rating on TPG, with a price target of $60.00. The company’s shares closed yesterday at $67.65.
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TPG has an analyst consensus of Moderate Buy, with a price target consensus of $69.00, which is a 2.00% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $63.00 price target.
Based on TPG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $840.04 million and a net profit of $67.14 million. In comparison, last year the company earned a revenue of $635.95 million and had a net profit of $8.96 million
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