Carlyle Group (NASDAQ:CG) Coverage Initiated by RBC Capital with an "Outperform" Rating
RBC Capital initiated coverage on Carlyle Group (NASDAQ:CG) with an "Outperform" rating, indicating a bullish outlook on the stock.Business Development Companies (BDCs) like Carlyle Group face risks in fluctuating interest rate environments, impacting profitability and distributable income.Despite a current price dip to $49.52, reflecting a decrease of 6.97%, RBC Capital's rating suggests confidence in Carlyle Group's long-term potential.Carlyle Group (NASDAQ:CG) is a global investment firm that manages ass ...