Barclays analyst Benjamin Budish raised the firm’s price target on Victory Capital (VCTR) to $69 from $59 and keeps an Equal Weight rating on the shares post the Q3 report. The firm says that while net outflows persisted, management noted several large, not-yet funded mandates to come in Q4 and early fiscal 2025, while the the Amundi transaction is still expected to close in Q1 of next year.
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