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Research Alert: CFRA Maintains Buy Rating On Shares Of Kkr & Co. Inc.

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our target by $5 to $125 using a narrower equity risk premium to capture worries about future fund performance and a forward P/E of 19.8x, near the five-year historical average at 19.0x and below the three-year average at 21.8x. Public market volatility has shifted investor sentiment to negative on shares of KKR on market uncertainties. KKR financial outcomes are the result of decisions made years ago, so portfolio construction, risk mitigation, and overall discipline should steer its fundamentals away from current market worries. However, we think monetization of private equity holdings may take longer. We lower our adjusted net income by $0.55 in both 2026 to $6.30 and 2027 to $7.50 on projected revenues of $10.1B (prior $10.5B) and $11.5B ($12.6B), respectively. We think large global investors are consolidating their investments with a small number of ALT firms; KKR is one of them. Despite the negative headlines, we think KKR is well positioned for any market upturn to accelerate monetization.

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$BC