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Evercore ISI Sticks to Their Hold Rating for Acadian Asset Management (AAMI)

Evercore ISI Sticks to Their Hold Rating for Acadian Asset Management (AAMI)

Evercore ISI analyst Glenn Schorr maintained a Hold rating on Acadian Asset Management on July 3 and set a price target of $38.00. The company's shares closed last Thursday at $37.58.
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According to TipRanks, Schorr is a 5-star analyst with an average return of 10.8% and a 67.08% success rate. Schorr covers the Financial sector, focusing on stocks such as BlackRock, Franklin Resources, and Invesco.
Currently, the analyst consensus on Acadian Asset Management is a Hold with an average price target of $28.33, which is a -24.61% downside from current levels. In a report released on July 2, Morgan Stanley also maintained a Hold rating on the stock with a $30.00 price target.
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