SEI Investments shares are trading higher after the company reported better-than-expected Q3 financial results. Additionally, Piper Sandler raised its price target on the stock from $74 to $77.
Portfolio Pulse from Benzinga Newsdesk
SEI Investments shares rose following the release of better-than-expected Q3 financial results. Piper Sandler also increased its price target for the stock from $74 to $77.
October 24, 2024 | 2:27 pm
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SEI Investments shares increased due to strong Q3 financial results and a raised price target by Piper Sandler from $74 to $77.
The better-than-expected Q3 results indicate strong company performance, which is a positive signal for investors. Additionally, Piper Sandler's increased price target suggests confidence in future growth, likely driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100