Piper Sandler Sees Long-Term Upside in KKR & Co. Inc. (KKR) Despite Short-Term Headwinds

Group 1 - Coatue Management holds $499.53 million worth of shares in KKR & Co. Inc., representing 1.39% of its total 13F portfolio, indicating significant interest from institutional investors [1] - Piper Sandler has reduced its price target on KKR from $166 to $155 while maintaining an "Overweight" rating, suggesting a cautious but positive outlook [2] - Despite short-term headwinds, Piper Sandler remains optimistic about KKR's long-term outlook, citing strong actuarial performance and robust distribution strength across its investment platforms [3] Group 2 - KKR & Co. Inc. is a global investment firm that focuses on alternative asset management, capital markets, and insurance solutions, aiming to generate sustainable returns through disciplined investing [4]