TD Cowen analyst Bill Katz lowered the firm’s price target on Bridge Investment (BRDG) to $7.50 from $11.50 and keeps a Hold rating on the shares. Ahead of the Q1 reports, the firm reduced estimates for asset managers and retail brokers, and increased numbers for the exchanges. Charles Schwab (SCHW) remains TD’s top overall pick, followed by Apollo Global (APO). The analyst also added Janus Henderson (JHG) to the firm’s top three picks, replacing Blackstone (BX).
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Read More on BRDG:
- Bridge Investment price target lowered to $9 from $11 at Wells Fargo
- Bridge Investment price target lowered to $11 from $11.50 at Wells Fargo
- Bridge Investment Group Faces Financial Risks Amid Potential Apollo Merger Delays
- Bridge Investment downgraded to Equal Weight from Overweight at Wells Fargo
- Bridge Investment Group Reports 2024 Financial Results
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