Barclays Initiates Coverage On Virtus Inv with Underweight Rating, Announces Price Target of $206
Portfolio Pulse from Benzinga Newsdesk
Barclays has initiated coverage on Virtus Investment Partners (NYSE:VRTS) with an Underweight rating and set a price target of $206.
August 27, 2024 | 12:24 pm
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Barclays has initiated coverage on Virtus Investment Partners with an Underweight rating and a price target of $206, suggesting potential downside.
The Underweight rating from Barclays suggests that the stock may underperform relative to the market or its peers. The price target of $206 indicates that the analyst expects the stock to decrease in value, which could lead to a negative short-term impact on the stock price.
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