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Stock impact report

RBC Capital Initiates Coverage on KKR & Co. Inc. (KKR) with an Outperform Call [Yahoo! Finance]

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Yahoo! Finance
KKR & Co. Inc. (NYSE:KKR) is one of the 14 Most Undervalued NYSE Stocks to Buy According to Analysts RBC Capital initiated coverage of KKR on February 24, assigning the company an Outperform rating and a target price of $137. The firm sees KKR making good progress relative to its mid-term and long-term targets, which the company set during an investor day presentation last April 2024. This track record, combined with the attractive valuations due to the recent selloff, makes a good entry point for investors to invest in “one of the leading alternative asset management franchises.” KKR, back in its 2024 investor day, set out several milestones for 2026, many of which are well within reach. Strategic holdings' operating earnings were one of these metrics, with management targeting $300 million p.a. by 2026. Following Q4 earnings, management now believes it will surpass this mark and reach $350 million by year-end. RBC Capital Initiates Coverage on KKR & Co. Inc. (KKR) with an Out Show less Read more
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