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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid a broader reassessment of major investment management firms, BMO Capital Markets has reduced its price target for KKR from $120 to $112 while maintaining an 'Outperform' rating. This adjustment follows the company's recent financial disclosure, which reported quarterly earnings per share (EPS) of $1.24 on revenue of $5.74 billion. Additionally, the firm bolstered investor sentiment by authorizing a new $500 million share repurchase program.
The move by BMO comes as alternative asset managers face mixed market signals; per market data, KKR shares closed at $96.94 on July 10, 2026, implying that the new target still offers a potential upside of over 15%. In comparison to peers, Blackstone (BX) recently reported growth in assets under management, while analysts remain focused on how stabilized interest rates will impact deal flow across the sector according to recent peer earnings reports.
Looking ahead, traders are watching for the stock to maintain support near the $96.90 level, its low from the July 10, 2026 session. From a macro perspective, risk appetite in the financial sector may be influenced by upcoming US data, including the EIA Weekly Petroleum Report on July 8, which could provide broader economic signals affecting industrial investments within KKR's portfolio.