Here Is Why TPG Inc. (TPG) Looks So Attractive

TPG Inc. (NASDAQ:TPG) is one of the 10 best stocks that recently issued new debt.

On February 24, RBC Capital initiated coverage on TPG Inc. (NASDAQ:TPG). The firm assigned an Outperform rating to the stock and set a target price of $59. This leads to an upside potential of almost 49% at the current level.

RBC Capital noted that the recent selloff, driven by AI-related concerns, has created an attractive entry point. It added that TPG Inc. (NASDAQ:TPG) is expected to deliver stronger earnings growth compared to peers, supported by its proven private equity track record, which could act as a key advantage over time.

On February 24, Bank of America Securities reduced its price target on TPG Inc. (NASDAQ:TPG) from $77 to $72. The firm reiterated its Buy rating on the stock, which now yields an adjusted upside potential of more than 81% despite the downward revision.

The price target revision is part of Bank of America Securities’ broader updates. The firm is adjusting its EPS projections for several of its covered brokers, asset managers, and exchanges that have recently announced results.

TPG Inc. (NASDAQ:TPG) is an alternative asset manager that delivers investment management solutions. The company offers its services to a diverse group of clients that includes limited partners, separately managed accounts, funds, and other investment vehicles. It also provides services such as underwriting, placements, debt and equity capital solutions, and capital structuring advisory.

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