KKR price target raised to $117 from $112 at Evercore ISI

Evercore ISI analyst Glenn Schorr raised the firm’s price target on KKR to $117 from $112 and keeps an Outperform rating on the shares. The firm doesn’t expect Q2 results to be “too exciting in terms of monetizations & capital raising” for the alternative asset manager group, the analyst tells investors in a preview note titled “Alt Manager 2Q24 Preview – More Of The Same.”