Carlyle Group Downgraded By Citi on Private Equity ConcernsMani
Carlyle Group LP (NASDAQ:CG) has been downgraded by Citigroup from Buy to Neutral following a shortfall posted by the buyout firm in its economic net income and mixed post quarter call. William R Katz and the team at Citi lowered Carlyle’s 12-month price target by $3 to $29.
Carlyle missed EPS expectations
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