JP Morgan Maintains Neutral on Victory Capital Holdings, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Victory Capital Holdings (VCTR) and raises the price target from $43 to $45.
May 13, 2024 | 2:23 pm
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JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Victory Capital Holdings but raises the price target from $43 to $45, indicating a positive outlook on the stock's valuation.
The increase in price target by a reputable analyst like Kenneth Worthington suggests a positive reassessment of Victory Capital Holdings' valuation, potentially leading to increased investor interest and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100