Wells Fargo Initiates Coverage of KKR at Equal-Weight
Fintel reports that on October 2, 2026, Wells Fargo initiated coverage of KKR (NYSE:KKR) (BMV:KKRC) with a Equal-Weight recommendation. KKR & Co. Inc., based in the United States, is a prominent global investment firm that operates primarily in the asset management industry. The company manages multiple asset classes, including private equity, energy, infrastructure, real estate, and credit, with strategic partners managing hedge funds.
The company's stock closed at $91.24 on October 1, 2026, which was also the pre-action close. This price represents a one-week price change of -4.60% from a baseline close of $95.64 on September 24, 2026. Over a longer timeframe, the stock experienced a one-month price change of -14.26% from a baseline close of $106.41 on September 1, 2026.
In its latest earnings report on July 30, 2026, KKR announced an actual EPS of 1.63, compared to the estimated EPS of 1.4263, which represents an earnings surprise of +14.28%. The firm's actual revenue for the quarter was $2,202,823,000.00, compared to the estimated revenue of $2,594,612,482.00.
Separately from Wells Fargo's initiation, the broader analyst consensus target mean for KKR was $130.67 as of September 15, 2026, with a median target of $129.54. This mean target represents an implied change of +43.22% from the stock's valuation. The prior consensus target mean was also $130.67 as of August 28, 2026, showing a consensus target revision percent of 0.00%.
As of the September 1, 2026 recommendation period, the aggregate analyst sentiment showed 6 strong buy, 17 buy, 4 hold, 0 sell, and 0 strong sell recommendations, totaling 27. This breakdown represents 85.2% positive, 14.8% hold, and 0.0% negative recommendations. This compares to the prior period on August 1, 2026, which had 6 strong buy, 18 buy, 3 hold, 0 sell, and 0 strong sell recommendations, totaling 27, representing 88.9% positive, 11.1% hold, and 0.0% negative recommendations.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| October 2, 2026 | Wells Fargo | Equal-Weight | initiated coverage |
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This story originally appeared on Fintel.