Stepstone Group price target raised to $76 from $68 at Evercore ISI

Evercore ISI analyst John Dunn raised the firm’s price target on Stepstone Group (STEP) to $76 from $68 and keeps an Outperform rating on the shares. 2026 is off to a better start for alternative asset managers, with stocks up about 3% year-to-date as the sector navigates a tricky landscape, the analyst tells investors in a preview for the group. Realizations are expected to be weaker in Q4, but there’s optimism for strong monetizations in 2026 due to a favorable capital markets environment, the analyst added.