Wells Fargo lowered the firm’s price target on Bridge Investment (BRDG) to $9 from $11 and keeps an Equal Weight rating on the shares. The firm says that Q1 results should be decent for the asset managers/brokers group, but the focus is now on what’s to come. In Wells’ coverage, there are few places to hide from the tariff storm. Alts are nearing levels that are tough to ignore, but stocks can overshoot to the downside, the firm adds.
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Read More on BRDG:
- 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
- Bridge Investment price target raised to $11.50 from $8 at TD Cowen
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