TD Cowen analyst Bill Katz initiated coverage of KKR with an Outperform rating and $96 price target. The company is among the more tenured platforms within the firm’s coverage universe, but it believes that KKR’s franchise is entering a sweet spot that can further scale the platform, drive strong gross inflows, likely provide upside to 2026 key financial targets, and deliver above-average fee-related earnings growth CAGR, the analyst tells investors in a research note.
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