RBC Capital analyst Kenneth Lee raised the firm’s price target on Victory Capital (VCTR) to $75 from $72 and keeps an Outperform rating on the shares. The company is well-positioned to take advantage of ongoing industry consolidation, and based on the management’s comments, an inorganic opportunity in 2025 would not be a surprise, the analyst tells investors in a research note.
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Read More on VCTR:
- Victory Capital price target raised to $62 from $59 at Barclays
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