TD Cowen raised the firm’s price target on Artisan Partners (APAM) to $46 from $41 and keeps a Hold rating on the shares. The firm said they exit 4Q a bit more encouraged on what seems to be an improving LT NNA AOGR outlook and a bit more stability on the base fee rate as EMSights platform scales into intermediary channels.
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Read More on APAM:
- Artisan Partners: Navigating Growth Amidst Challenges
- Artisan Partners price target raised to $46 from $41 at TD Cowen
- Artisan Partners reports Q4 EPS $1.05, consensus 95c
- Artisan Partners reports preliminary AUM $161.2B as of December 31, 2024
- Artisan Partners reports AUM, as of November 30 totals $166.8B