UPDATE: Oppenheimer Upgrades KKR (KKR) to Outperform; Adding More Gains
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Price: $21.01 +0.48%
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 33 | New: 12
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 33 | New: 12
Trade KKR Now!
(Updated - July 2, 2012 8:01 AM EDT)
Oppenheimer upgrades KKR (NYSE: KKR) from Perform to Outperform. PT $18.00.
Analyst Chris Kotowski, said, "...the company has recently made great headway in monetizing investments in its large and critically important 2006 Fund. This $17.6B fund represents 44% of KKR's invested private equity capital, but has not yet generated significant "cash carry" for distributions despite some $5B in gains, of which about $2B have been realized."
For an analyst ratings summary and ratings history on KKR click here. For more ratings news on KKR click here.
Shares of KKR closed at $12.89 yesterday, with a 52 week range of $8.95-$16.70.
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Oppenheimer upgrades KKR (NYSE: KKR) from Perform to Outperform. PT $18.00.
Analyst Chris Kotowski, said, "...the company has recently made great headway in monetizing investments in its large and critically important 2006 Fund. This $17.6B fund represents 44% of KKR's invested private equity capital, but has not yet generated significant "cash carry" for distributions despite some $5B in gains, of which about $2B have been realized."
For an analyst ratings summary and ratings history on KKR click here. For more ratings news on KKR click here.
Shares of KKR closed at $12.89 yesterday, with a 52 week range of $8.95-$16.70.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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