Morgan Stanley raised the firm’s price target on Virtus Investment (VRTS) to $152 from $149 and keeps an Underweight rating on the shares. Following Q1 earnings, the firm is raising its FY25 adjusted EPS view by 5.0% to $24.08 and FY26 forecast 2.3% to $24.14 on better buybacks that offset lower management fees and higher expenses.
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Read More on VRTS:
- Sell Recommendation for Virtus Investment Partners Amidst Challenging Financial Outlook and Limited Upside Potential
- Virtus Investment price target raised to $150 from $149 at Barclays
- Ex-Dividend Date Nearing for These 10 Stocks – Week of April 28, 2025
- Virtus Investment Partners Reports Q1 2025 Financial Results
- Virtus Investment Partners’ Earnings Call Highlights
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