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Victory Capital price target raised to $74 from $69 at Barclays

Barclays raised the firm’s price target on Victory Capital (VCTR) to $74 from $69 and keeps an Equal Weight rating on the shares. The firm updated its asset manager models to reflect full quarterly flow and asset under management metrics ahead of the Q1 reports. Asset under management estimates fell due to negative markets in Q1, the analyst tells investors in a research note.

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