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TPG shares have seen a recent shift in momentum, with a 3.49% daily gain and a 6.7% return this week, sparking renewed optimism among investors. The company's latest close of $56.99 sits below the most popular narrative's fair value estimate of $65.92, hinting at room for upside if bullish assumptions play out. However, investor caution is warranted, as constrained fundraising or tougher market exits could challenge the bullish outlook and put pressure on TPG's future growth assumptions.

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