Deutsche Bank on The Carlyle Group LP (CG), 'the top value pick within our coverage'

Deutsche Bank analyst Brian Bedell reiterated a Buy rating and $53.00 price target on The Carlyle Group LP (NASDAQ: CG).

The analyst comments "On Thursday 10/03, we hosted meetings with the Carlyle Group (CG-Buy)'s CFO John Redett and Head of Investor Relations Daniel Harris in Boston. Overall, following the meetings, we continue to see Carlyle on a long-term path toward improving the strength and sustainability of its FRE growth. With the stock trading at a significant discount to peers, we think investors will increasingly find the risk/ reward as increasingly attractive within the more constructive capital markets backdrop currently. We are not changing EPS estimates with this report but reiterate our Buy Rating & $53 price target. CG is the top value pick within our coverage."

For an analyst ratings summary and ratings history on The Carlyle Group LP click here. For more ratings news on The Carlyle Group LP click here.

Shares of The Carlyle Group LP closed at $45.01 yesterday.

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