UPDATE: Citi Raises Price Target on KKR to $18.50
According to Citi, KKR (NYSE: KKR) price target is raised to $18.50.
Citi said that it maintains its Buy rating. “While 4Q disappointed due to ENI shortfall, underlying fundamentals nonetheless are robust in 2012, in our view.”
KKR closed yesterday at $15.06.
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