Carlyle unveils $200 million share buyback, earnings miss forecast

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Go back to Carlyle unveils $200 million share buyback, earnings miss forecast

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

February 11, 2016 9:33 AM EST

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