Acadian Asset Management price target raised to $27 from $25 at Morgan Stanley

Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Acadian Asset Management (AAMI) to $27 from $25 and keeps an Equal Weight rating on the shares. Following Q1 results, the firm is raising its 2025 ENI view by 8% to $2.86 and 2026 by 12% to $3.16 on better revenues and more buybacks, the analyst tells investors.