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Victory Capital price target raised to $40 from $39 at Morgan Stanley

Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Victory Capital to $40 from $39 and keeps an Underweight rating on the shares. The firm lowered its 2025 adjusted EPS estimate by 1.1% to $5.34 on lower management fees post-Q2 results, the analyst tells investors in a research note.

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