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Barclays Cuts KKR & Co. (KKR) Price Target Amid Mixed Q4 Results, Maintains Overweight Rating
Barclays has reduced its price target for KKR & Co. Inc. to $136 from $159 following mixed Q4 earnings, though it maintains an Overweight rating. While KKR’s adjusted net income per share missed analyst forecasts, revenue significantly outperformed expectations. The company also raised $28 billion in funds and reaffirmed its EPS forecast for fiscal year 2026, largely dependent on increased realizations.