Artisan Partners Asset Management PT Raised to $57.00 at Keefe, Bruyette & Woods (APAM)
Keefe, Bruyette & Woods hoisted their price target on shares of Artisan Partners Asset Management (NASDAQ:APAM) from $55.00 to $57.00 in a research note issued on Wednesday, Stock Ratings Network.com reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 10.62% from the stock’s previous close.
A number of other analysts have also recently weighed in on APAM. Analysts at Zacks upgraded shares of Artisan Partners Asset Management from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, October 3rd. They now have a $58.50 price target on the stock. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Artisan Partners Asset Management has an average rating of “Hold” and a consensus price target of $54.17.
Shares of Artisan Partners Asset Management (NASDAQ:APAM) traded down 0.73% on Wednesday, hitting $51.53. 51,332 shares of the company’s stock traded hands. Artisan Partners Asset Management has a 52-week low of $35.14 and a 52-week high of $56.07. The stock’s 50-day moving average is $50.90 and its 200-day moving average is $48.00. The company has a market cap of $736.2 million and a P/E ratio of 47.19.
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