UPDATE: Morgan Stanley Upgrades KKR on Multiple Positive Factors, Strong Upside Forecast

In a report published Thursday, Morgan Stanley analyst Matthew Kelley upgraded the rating on KKR & Co. LP (NYSE: KKR ) from Equal-Weight to Overweight, and raised the price target from $24.00 to $27. In the report, Morgan Stanley noted, “With robust equity market returns, an open exit window, and