SEI Investments price target lowered to $108 from $119 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on SEI Investments (SEIC) to $108 from $119 and keeps an Overweight rating on the shares. The firm is lowering its Q1 EPS estimate by 4% to $1.27 as lower revenue is partially offset by lower expenses. The firm is also lowering its 2026 and 2027 EPS estimates by 6% and 4%, respectively.