Barclays lowered the firm’s price target on Carlyle to $47 from $56 and keeps an Overweight rating on the shares post the Q1 report. Fundraising and management fees missed expectations, and while management reaffirmed fiscal year fundraising and earnings targets, the tone felt more cautious on the near-term outlook for realizations, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CG:
- CG Earnings this Week: How Will it Perform?
- Carlyle-backed Crescent Midstream weighs potential sale, Bloomberg reports
- Carlyle price target raised to $60 from $58 at JMP Securities
- Carlyle price target raised to $56 from $55 at Barclays
- Carlyle weighing strategic options for StandardAero, Reuters reports