Barclays analyst Benjamin Budish lowered the firm’s price target on Virtus Investment (VRTS) to $142 from $166 and keeps an Underweight rating on the shares post the Q4 report. The firm says the company’s flow profile continues to be challenging.
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Read More on VRTS:
- Virtus Investment price target lowered to $155 from $173 at TD Cowen
- Virtus Investment Partners Balances Outflows With ETF, M&A
- Virtus Investment reports Q4 adjusted EPS $6.50, consensus $6.50
- Virtus Investment price target lowered to $206 from $218 at Piper Sandler
- Virtus Investment price target lowered to $155 from $168 at Morgan Stanley