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Stock impact report

BofA Boosts Carlyle (CG) Target amid Broader Asset Manager Estimate Revisions [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
The Carlyle Group Inc. (NASDAQ: CG ) is included among the 14 Best GARP Stocks to Buy According to Analysts BofA Boosts Carlyle (CG) Target amid Broader Asset Manager Estimate Revisions On February 24, BofA raised its price recommendation on The Carlyle Group Inc. (NASDAQ:CG) to $54 from $52. It reiterated an Underperform rating on the shares. The firm said it is updating EPS estimates for several brokers, asset managers, and exchanges it covers following their recent earnings reports. A February 10 Reuters report said Carlyle plans to invest 21 billion rupees ($232 million) in the housing finance arm of India's Edelweiss Financial. The deal includes acquiring a 45% stake and injecting 15 billion rupees in fresh equity into the unit, Nido Home Finance. After the transaction, investment funds linked to Carlyle Asia Partners are expected to hold about 73% of Nido. The company manages assets totaling 48.04 billion rupees. This move places Carlyle alongside other global investors Show less Read more
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