Barclays Maintains an 'Overweight' on KKR (KKR); Very Attractive Investment in Alternatives Universe

Barclays maintains an 'Overweight' on KKR (NYSE: KKR) price target raised $1 to $20.

Analyst, Roger A. Freeman, said, "We continue to view KKR as one of the most attractive investments in the alternatives universe, a universe that itself is the most attractive vertical in our coverage universe, from a long-term investment thesis standpoint. At 7x our 2012 ENI EPS forecast, we believe little credit is given to performance fees, and even less to the principal investment portfolio."

Freeman raises FY12 EPS estimate from $2.16 to $2.22, but lowers FY13 from $2.25 to $2.20.

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 $14.40 yesterday.

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