Carlyle price target raised to $57 from $50 at Barclays

Barclays raised the firm’s price target on Carlyle (CG) to $57 from $50 and keeps an Overweight rating on the shares following the Q3 report. Management remains optimistic about the medium-term carry opportunity, but a fundraising miss and questions around the fiscal year inflow target and 2025 management fee growth are weighing on shares, the analyst tells investors in a research note.