JP Morgan Maintains Neutral on Victory Capital Holdings, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains a Neutral rating on Victory Capital Holdings (NASDAQ:VCTR) but raises the price target from $45 to $49.
August 19, 2024 | 12:53 pm
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JP Morgan has maintained a Neutral rating on Victory Capital Holdings but increased the price target from $45 to $49, indicating a positive outlook.
The increase in the price target from $45 to $49 suggests a positive outlook for Victory Capital Holdings, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100