TD Cowen Initiates Coverage On Virtus Inv with Outperform Rating, Announces Price Target of $289
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Kirk has initiated coverage on Virtus Investment Partners (NASDAQ:VRTS) with an Outperform rating and set a price target of $289.
January 04, 2024 | 6:43 pm
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Virtus Investment Partners received an Outperform rating from TD Cowen with a price target of $289, indicating a positive outlook from the analyst.
Analyst ratings, especially initiations of coverage with positive outlooks, can lead to increased investor confidence and potential stock price appreciation in the short term. The Outperform rating and high price target suggest that the analyst sees significant upside potential for VRTS, which could influence market sentiment positively.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100