P10 price target lowered to $14 from $15 at Barclays

Barclays analyst Benjamin Budish lowered the firm’s price target on P10 to $14 from $15 and keeps an Overweight rating on the shares. The company reported a Q3 earnings beat and the overall tone on the earnings call was “highly optimistic,” the analyst tells investors in a research note. The firm says the next major data point call should come on the Q4 call, where it is expecting 2024 and 2025 fundraising guidance.