JPMorgan analyst Kenneth Worthington raised the firm’s price target on Victory Capital to $49 from $45 and keeps a Neutral rating on the shares. While the company’s outflows lingered in Q2, it margins support more earnings growth, the analyst tells investors in a research note.
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Read More on VCTR:
- Victory Capital price target lowered to $55 from $56 at RBC Capital
- Victory Capital price target raised to $40 from $39 at Morgan Stanley
- Victory Capital reports July AUM of $172.1B as of July 31, 2024
- Victory Capital price target raised to $59 from $58 at BofA
- Victory Capital reports Q2 adjusted EPS $1.31, consensus $1.26