BMO Capital analyst Etienne Ricard raised the firm’s price target on Victory Capital (VCTR) to $71 from $69 and keeps an Outperform rating on the shares. The company’s 2025 outlook appears rich in catalysts on the back of improving net flows, Amundi revenue synergies, “an extremely constructive” M&A environment, potential for resuming buybacks and reduced private equity ownership overhang, the analyst tells investors in a research note.
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