KBW Maintains Outperform on KKR Financial Holdings

KBW is out with its report today on KKR Financial Holdings KFN, maintaining Outperform. In its report, KBW writes, "Following 2Q11 results, we are raising our 2011 EPS estimate to $1.86 (from $1.63), mainly to reflect this quarter's beat on a reported basis, but are maintaining our 2012 EPS estimate of $1.63, $12 price target and Outperform Rating." Shares of KFN closed Monday at $9.42, down 0.74% from Friday's close.