TD Cowen lowered the firm’s price target on Virtus Investment (VRTS) to $131 from $132 and keeps a Hold rating on the shares. The firm updated its model following Q1 results and said there are a few encouraging albeit nascent signs emerging, but theystill see difficult flow backdrop and limited earnings growth nonetheless.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRTS:
- Virtus Investment price target lowered to $170 from $180 at Piper Sandler
- Virtus Investment price target lowered to $125 from $128 at Barclays
- Virtus Investment Partners Balances Growth With Outflows
- Virtus Investment reports Q1 adjusted EPS $5.38, consensus $5.67
- Virtus Investment Partners (VRTS) Q1 Earnings Cheat Sheet