RBC Capital analyst Kenneth Lee raised the firm’s price target on Artisan Partners to $39 from $35 and keeps an Outperform rating on the shares ahead of its Q4 results. The analyst is updating RBC’s model to reflect market returns and to incorporate monthly disclosures of assets under management for Artisan Partners, adding that the firm is also positive on the company’s emphasis on differentiated investment strategies and capital return story.
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Published first on TheFly
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