Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Victory Capital (VCTR) to $68 from $63 and keeps an Equal Weight rating on the shares. The firm’s Q1 EPS view is increased 1.5% to $1.39 post Q4 earnings. The firm’s FY25 adjusted EPS estimate is also increased 2.5% to $6.12 on a better operating expense forecast, the analyst noted.
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Read More on VCTR:
- Victory Capital Holdings: Hold Rating Amid Revised EPS and Limited Upside Potential
- Victory Capital price target raised to $82 from $73 at BMO Capital
- Victory Capital price target raised to $75 from $70 at Barclays
- Victory Capital’s Record Earnings and Strategic Expansion
- Victory Capital Holdings: Record Year Amid Growth and Challenges
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