Barclays raised the firm’s price target on Victory Capital (VCTR) to $75 from $70 and keeps an Equal Weight rating on the shares post the Q4 report. Net outflows persisted, but management noted slightly positive net flows in January, and a large, not-yet-funded pipeline to come in 2025, the analyst tells investors in a research note.
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Read More on VCTR:
- Victory Capital’s Record Earnings and Strategic Expansion
- Victory Capital Holdings: Record Year Amid Growth and Challenges
- Victory Capital reports Q4 adjusted EPS $1.45, consensus $1.37
- VCTR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Victory Capital price target raised to $70 from $69 at Barclays