10:00 AM EDT, 09/17/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our $165 target on a forward P/E of 24.6x our 2026 EPS, just below the five-year historical average at 26.9x and near direct peers. Our EPS estimates are unchanged at $5.30 in 2025 and $6.70 in 2026. At an investor conference on September 8, management suggested Global Atlantic, its insurance business, would be a drag on earnings due to a shift to higher return alternatives and narrower spreads on annuity products with more competition. Alternatives have low initial yields and are cash accounted. This could result in flattened operating earnings in segment results through 2026. We believe KKR other businesses are generating attractive growth in Asset Management and Strategic Holdings, its smallest segment. The macroeconomic view is constructive, with KKR anticipating a significant pickup in transaction and realization activity in 2026, supported by expected interest rate cuts. Fundraising momentum is exceptionally strong, particularly in the high-growth wealth channel and across the credit platform.