Morgan Stanley Reaffirms Their Hold Rating on TPG (TPG)

In a report released today, Michael Cyprys from Morgan Stanley maintained a Hold rating on TPG (TPGResearch Report), with a price target of $30.00. The company’s shares opened today at $41.26.

Cyprys covers the Financial sector, focusing on stocks such as Nasdaq, Apollo Global Management, and T Rowe Price. According to TipRanks, Cyprys has an average return of 5.6% and a 55.12% success rate on recommended stocks.

In addition to Morgan Stanley, TPG also received a Hold from BMO Capital’s Rufus Hone in a report issued on November 11. However, on November 10, Deutsche Bank maintained a Buy rating on TPG (NASDAQ: TPG).

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TPG market cap is currently $12.91B and has a P/E ratio of -246.05.

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TPG Inc is a global alternative asset firm. It invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.

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