Raymond James Maintains Strong Buy Rating for AssetMark Financial Hldgs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Strong Buy rating for AssetMark Financial Hldgs (NYSE:AMK) but lowered its price target from $38.00 to $36.00. The current share price is $24.62, meaning the new target represents a 46.22% increase.
October 11, 2023 | 5:00 pm
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Raymond James maintains a Strong Buy rating for AssetMark Financial Hldgs but lowers its price target from $38.00 to $36.00. The new target is a 46.22% increase from the current share price.
The Strong Buy rating maintained by Raymond James indicates a positive outlook for AssetMark Financial Hldgs. However, the lowering of the price target may indicate a slight adjustment in expectations. Despite this, the new target still represents a significant potential increase from the current share price, which could positively impact the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100