SEI Investments price target raised to $115 from $105 at Morgan Stanley

Morgan Stanley analyst Ryan Kenny raised the firm’s price target on SEI Investments (SEIC) to $115 from $105 and keeps an Overweight rating on the shares. SEI Investments’ investor day outlined a refreshed vision for growth and margin improvement, the analyst says. The firm views the stock as an under-the-radar improvement story exposed to several key structural growth themes: private credit and alternatives, solutions, RIA servicing, and AI.