BofA raised the firm’s price target on Victory Capital (VCTR) to $89 from $88 and keeps a Buy rating on the shares after the company reported better-than-expected adjusted EPS of $1.45, with the beat mainly driven by higher share repurchases and lower taxes. Following the report, the firm increased its 2025, 2026 and 2027 EPS estimates to $6.51, $7.81 and $8.89, respectively.
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Read More on VCTR:
- Victory Capital reports AUM of $176.5B as of January 31, 2025
- Victory Capital price target raised to $68 from $63 at Morgan Stanley
- 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
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