
Piper Sandler initiates alternative asset manager KKR's KKR.N coverage with "overweight" rating
Brokerage says KKR’s shares are attractively valued, with first-mover advantage in retail and significant insurance growth opportunities
Brokerage sets PT of $150, a ~11.7% upside on stock's last close
All of 21 brokerages rate the stock "buy" or higher; their median PT is $142 - data compiled by LSEG
Including session's moves, stock down ~10.5% YTD