Analysts’ Top Financial Picks: CG, APAM

By Austin Angelo

Analysts fell to the sidelines weighing in on Carlyle Group (NASDAQ: CG) and Artisan Partners (NYSE: APAM) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Carlyle Group (NASDAQ: CG)

In a report released yesterday, Kevin Grundy from Jefferies reiterated a Hold rating on Carlyle Group (NASDAQ: CG), with a price target of $18.50. The company’s shares closed yesterday at $19.40, close to its 52-week high of $19.50.

According to TipRanks.com, Grundy is a 5-star analyst with an average return of 7.5% and a 75.5% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Anheuser-Busch Inbev Sa, and Edgewell Personal Care.

Carlyle Group has an analyst consensus of Strong Buy, with a price target consensus of $23.13.

Artisan Partners (NYSE: APAM)

Jefferies analyst Gerald O’Hara reiterated a Hold rating on Artisan Partners (NYSE: APAM) today and set a price target of $28. The company’s shares closed yesterday at $30.10.

According to TipRanks.com, O’Hara is a 5-star analyst with an average return of 34.5% and a 92.3% success rate. O’Hara covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Oaktree Capital Group Llc, and WisdomTree Investments.

Artisan Partners has an analyst consensus of Moderate Buy, with a price target consensus of $30.50.

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