KKR price target lowered to $138 from $169 at Oppenheimer

Oppenheimer lowered the firm’s price target on KKR (KKR) to $138 from $169 and keeps an Outperform rating on the shares as part of a Q1 preview for the alternative asset managers. These companies have the best business models in financial services and perhaps in any industry, the analyst tells investors in a research note.