Morgan Stanley raised the firm’s price target on Virtus Investment (VRTS) to $173 from $170 and keeps an Underweight rating on the shares. The firm updated its Q4 and FY26 adjusted EPS estimates following a model refresh post the Q3 report.
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Read More on VRTS:
- Cautious Outlook for Virtus Investment Partners Amid Market Challenges and Limited Upside Potential
- Virtus Investment price target lowered to $180 from $196 at TD Cowen
- Virtus Investment Partners’ Mixed Earnings Call Highlights
- Morning Movers: Intel, Ford rise after earnings
- Virtus Investment reports Q3 EPS $6.69, consensus $6.77