Analyst Michael Cyprys from Morgan Stanley maintained a Hold rating on Acadian Asset Management and increased the price target to $40.00 from $30.00.
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Michael Cyprys has given his Hold rating due to a combination of factors that influence the outlook for Acadian Asset Management. Despite a significant increase in the price target to $40, reflecting a 33% rise, the stock is still seen as having limited upside potential. The revised price target is based on a projected increase in earnings per share by 26% in 2026, supported by higher average assets under management following a substantial mandate win.
However, the valuation remains at a discount compared to historical trading levels, with a downside risk of 5% and a modest risk-adjusted reward of 2%. While there is potential for improved cash flows and a largely fixed cost base, the current market conditions and valuation metrics suggest that maintaining a Hold rating is prudent.
Cyprys covers the Financial sector, focusing on stocks such as CME Group, BlackRock, and Janus Henderson Group. According to TipRanks, Cyprys has an average return of 4.3% and a 53.85% success rate on recommended stocks.
In another report released on August 2, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $43.00 price target.