From The Street of Dreams
$META: Morgan Stanley analyst Brian Nowak raised the firm’s price target on Meta Platforms to $820 from $775 and keeps an Overweight rating on the shares as the firm updated its model into Q3 results.
$LLY: BofA raised the firm’s price target on Eli Lilly to $1,397 from $1,341 and keeps a Buy rating on the shares. The firm’s Q3 physician obesity survey adds validation for oral GLP-1s and the Medicare Bridge as U.S. “category expanders,” the analyst tells investors.
$APO:Piper Sandler lowered the firm’s price target on Apollo Global to $145 from $159 and keeps an Overweight rating on the shares. Going into Q3 results, sentiment remains negative in the alternative asset manager space, which has put a cap on stock prices over the last three months. The firm expects monetization commentary to be a headwind with realizations likely to be pushed out further, and sees increased scrutiny on data center financing. Core fundamentals including management fees, fee related earnings, and margins should remain solid, but Piper doesn’t expect a breakout given sentiment as well as seemingly apathy from many investors.
$KKR: Piper Sandler lowered the firm’s price target on KKR to $121 from $128 and keeps an Overweight rating on the shares. Going into Q3 results, sentiment remains negative in the alternative asset manager space, which has put a cap on stock prices over the last three months. The firm expects monetization commentary to be a headwind with realizations likely to be pushed out further, and sees increased scrutiny on data center financing. Core fundamentals including management fees, fee related earnings, and margins should remain solid, but Piper doesn’t expect a breakout given sentiment as well as seemingly apathy from many investors.
$BX: Piper Sandler analyst Crispin Love lowered the firm’s price target on Blackstone to $125 from $130 and keeps a Neutral rating on the shares. Going into Q3 results, sentiment remains negative in the alternative asset manager space, which has put a cap on stock prices over the last three months. The firm expects monetization commentary to be a headwind with realizations likely to be pushed out further, and sees increased scrutiny on data center financing. Core fundamentals including management fees, fee related earnings, and margins should remain solid, but Piper doesn’t expect a breakout given sentiment as well as seemingly apathy from many investors.
From last week – I covered all my private equity shorts:
More Short Covers
I am covering my private equity shorts:
- BX $106.31
- APO $113.17
- KKR $84.92
Position: None
BY Doug Kass · Oct 14, 2026, 11:39 AM EDT
Positions: None.
