AssetMark Financial price target raised to $28 from $23 at Credit Suisse

Credit Suisse analyst Kevin McVeigh raised the firm’s price target on AssetMark Financial to $28 from $23 and keeps an Outperform rating on the shares. The firm believes the stock should react well to its Q4 quadruple beat amid strong spread-based revenue expectations in 2023 with further rate hikes on the horizon.