- KKR (NYSE:KKR) gains 1.8% in premarket trading after Goldman adds the private equity firm to its America's Conviction List.
- KKR is poised for "accelerated earning growth, fueled by the firm's upcoming fund-raising cycle and maturing investment portfolio, which should yield above-consensus incentive income and EPS," writes Goldman analyst Alexander Blostein.
- Boosts price target to $35 from $34, implying 25% upside potential.
- Quant rating of Neutral contrasts with Sell-Side average rating is Outperform (5 Buy, 4 Outperform, 5 Hold).