Growing trust helps flurry of Sino-German deals

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Piper Jaffray Cuts Price Target on KKR & Co. (KKR) to $20 Following 4Q Earnings Review

February 16, 2016 7:32 AM EST

Piper Jaffray maintained an Overweight rating on KKR (NYSE: KKR), and cut the price target to $20.00 (from $21.00), following the company's 4Q earnings report. KKR reported 4Q15 economic net income of $0.08, below the consensus of $0.26, while distributable earnings (cash earnings) were also below expectations. The... More