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Virtus Investment price target lowered to $206 from $218 at Piper Sandler

Piper Sandler lowered the firm’s price target on Virtus Investment (VRTS) to $206 from $218 and keeps an Overweight rating on the shares. The firm is adjusting its model to reflect the December assets-under-management release, mark-to-market and flows ahead of results this Friday.

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