Piper Sandler Maintains Neutral on SEI Inv, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Sumeet Mody has maintained a Neutral rating on SEI Investments Company (NASDAQ:SEIC) and increased the price target from $58 to $66.
December 20, 2023 | 7:22 pm
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POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on SEI Investments Company but raised the price target from $58 to $66, indicating a positive outlook on the stock's value.
The increase in price target by Piper Sandler suggests a positive reassessment of SEI Investments Company's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100