Barclays raised the firm’s price target on Stepstone Group (STEP) to $71 from $69 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the brokers, asset managers and exchanges group as part of its 2026. Market conditions “look constructive” going into 2026, particularly for the alternative asset managers and wealth brokers, the analyst tells investors in a research note. Barclays sees a more mixed outlook for the exchanges and traditional asset managers.
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Read More on STEP:
- Stepstone Group appoints Lindsay Creedon as head of private equity
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- StepStone Group’s Earnings Call: Growth Amidst Challenges
- Stepstone Group price target lowered to $69 from $70 at Barclays
