{
Timothy R Barakett

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Wells Fargo upgrades KKR stock rating amid positive growth outlook

Wells Fargo analyst Michael Brown upgraded KKR & Co. Inc. from Equal Weight to Overweight, adjusting the price target to $141 from $150, driven by a positive growth outlook and expectations of a fundraising supercycle. KKR's strong financial health and reasonable valuation present an attractive entry point for investors, with a favorable risk/reward balance. Additionally, KKR has raised $2.6 billion through convertible preferred stock and is exploring acquisitions, including TXNM Energy Inc. and Gerresheimer AG, while enhancing its governance with a new board member.
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KKR & Co. Inc. Gerresheimer AG DEU USA Michael D. Brown Timothy R Barakett Blake Shorthouse Show more
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11:45 20.03.2025
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