JMP Securities analyst Devin Ryan raised the firm’s price target on PJT Partners to $88 from $86 and keeps an Outperform rating on the shares. While the firm sees a "difficult" earnings season ahead, it still sees opportunities near- and long-term, the analyst tells investors in a research note. The firm flagged PJT for investors looking to position more defensively given the relative size of the firm’s restructuring practice.
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