Citigroup has initiated coverage on several major investment firms with favorable recommendations and price targets.

BlackRock Inc. (NYSE: BLK) has been initiated with a Buy rating and a price target of $750. In pre-market trading, the stock is currently priced at $671.12, reflecting a modest gain of $1.79 (+0.27%).

Blackstone Inc. (NYSE: BX) has also received a Buy rating from Citigroup, with a price target set at $98. The stock is trading at $84.40 in pre-market, showing a rise of $1.19 (+1.43%).

Citigroup has initiated coverage on Blue Owl Capital Inc. (NYSE: OWL) with a Buy rating and a price target of $14. However, in pre-market trading, the stock is valued at $9.98, down $0.02 (-0.20%).

KKR & Co Inc. (NYSE: KKR) has been initiated with a Buy rating and a price target of $69. Currently, the stock is priced at $50.21 in pre-market, reflecting a gain of $0.40 (+0.81%).

Finally, The Carlyle Group Inc. (Nasdaq: CG) has received a Buy rating from Citigroup, along with a price target of $40. The stock is trading at $27.59 in pre-market, showing an increase of $0.26 (+0.95%).

These recommendations and price targets from Citigroup provide investors with insights into the prospects and potential value of these investment firms. 

Please note that the stock prices and pre-market movements mentioned here are for illustrative purposes and may not reflect the current market conditions at the time of reading.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)