** J.P. Morgan cuts PT on private equity firm Carlyle Group CG.O to $54 from $57, citing fundraising concerns
** New PT is an over 8.1% upside to stock's last close
** Brokerage says investors are concerned that realizations may outpace fundraising, undercutting fee-earning assets under management
** Says finding sources of fee-earning AUM growth remains an area of focus
** "Should some of CG's recent fundraising challenges not be more fulsomely resolved in the coming quarters, investor confidence both from an LP perspective and a public market in CG stock perspective could be adversely impacted," says brokerage
** Seven of 18 brokerages rate stock "buy" or higher, 10 "hold", and 1 "sell"; median PT is $55 - data compiled by LSEG
** Stock rose nearly 24.1% in 2024
(Reporting by Ateev Bhandari in Bengaluru)
((Ateev.Bhandari@thomsonreuters.com;))
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