TD Cowen cuts KKR price target to $103

On Oct. 12, analyst William Katz of TD Cowen maintained Hold and cut KKR’s target to $103 from $118. On the same date, UBS analyst Michael Brown reiterated Buy and trimmed its target to $122 from $123. KKR closed at $87.16 on Oct. 13, down 4.75%; the page gives no peer moves or causal attribution.