Carlyle price target raised to $60 from $59 at Barclays

Barclays analyst Benjamin Budish raised the firm’s price target on Carlyle (CG) to $60 from $59 and keeps an Overweight rating on the shares as part of a Q4 earnings preview for asset managers. The firm says we continue to get closer to a “normal” market environment, with the initial public offering and merger markets “showing signs of life though it seems we are still in a ramping period.”