Keefe Bruyette & Woods maintained its KKR Financial Holdings KFN Outperform rating and raised KKR Financial Holdings' price target from $11.50 to $12 in a research report published today.
In the report, Keefe Bruyette & Woods states, "Following KKR Financial Holdings' 4Q10 results, we are lowering our 2011 EPS estimate to $1.52 (from $1.69) and introducing our new 2012 EPS estimate of $1.65. However, we are also raising our price target to $12 from $11.50."
Shares of KKR Financial Holdings were trading at $10.35 at the time of posting, up 0.68% from Thursday's market close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsFinancialsKeefe Bruyette & WoodsSpecialized Finance
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