The Carlyle Group (CG) Tops Q4 EPS by 7c; Approves $200M Stock Buyback Plan

The Carlyle Group LP (CG) PT Cut to $17 at UBS; 'Buy' Kept

UBS analyst Brennan Hawken lowered his price target on The Carlyle Group LP (NASDAQ: CG) to $17.00 (from $25.00) but maintains a Buy rating following Q4 results.

Hawken commented, "CG reported 4Q15 ENI per unit of $0.24, below our estimate of $0.38 and consensus of $0.31 per share. However,... More