BofA analyst Craig Siegenthaler raised the firm’s price target on TPG (TPG) to $69 from $65 and keeps a Buy rating on the shares. With “robust” fundraising and improving investing activity, the firm views TPG as set to have “the strongest all-around quarter” among the asset managers under its coverage, the analyst tells investors in a Q3 preview for the group. The firm projects 5% upside to the consensus EPS estimate, the analyst noted.
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