BofA analyst Craig Siegenthaler raised the firm’s price target on Patria Investments (PAX) to $17 from $16 and keeps a Neutral rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAX:
- Patria Investments to acquire 51% stake in Solis Investimentos
- Patria Investments Acquires Majority Stake in Solis Investimentos
- Patria Investments’ Earnings Call: Strong Growth and Optimism
- Patria Investments Reports Strong Q3 2025 Growth
- Patria Investments Surpasses $50 Billion in Assets Under Management