KKR FINL HLDGS (KFN) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of KKR FINL HLDGS (KFN) from NEUTRAL to UNDERPERFORM on March 22, 2013, with a target price of $10.60.

KKR Financial Corp., an affiliate of Kohlberg Kravis Roberts & Company L.P., is a diversified specialty finance company that invests across multiple asset classes, including residential mortgage loans and mortgage-backed securities, corporate loans and debt securities, commercial real estate loans and debt securities, and asset-backed securities.

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