TD Cowen Maintains Buy on GCM Grosvenor, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Katz has maintained a Buy rating on GCM Grosvenor (NASDAQ:GCMG) and increased the price target from $11 to $11.5.
May 09, 2024 | 4:05 pm
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TD Cowen has reaffirmed its Buy rating on GCM Grosvenor and raised the price target to $11.5 from $11.
The increase in price target by TD Cowen reflects a positive outlook on GCM Grosvenor, likely due to strong performance or favorable market conditions. This analyst action can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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