TD Cowen lowered the firm’s price target on GCM Grosvenor (GCMG) to $13 from $14 and keeps a Buy rating on the shares. The firm adjusted targets in the asset manager, broker dealers and exchanges group as part of a Q1 preview.
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Read More on GCMG:
- GCM Grosvenor price target lowered to $13 from $14.50 at Piper Sandler
- GCM Grosvenor appoints Steven Novick as MD, business development
- GCM Grosvenor raises $625M structured solution to invest in credit
- GCM Grosvenor management to meet with Oppenheimer
- GCM Grosvenor upgraded to Buy at TD Cowen on broadening flow drivers
