PJT Partners price target raised to $161 from $152 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on PJT Partners (PJT) to $161 from $152 and keeps a Market Perform rating on the shares. Messaging was relatively consistent across the industry as the recent market volatility has led to a slowdown in completed deals, but management teams remain upbeat, the analyst tells investors in a research note.