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JPMorgan Downgrades GCM Grosvenor Inc. (GCMG) to Neutral
February 15, 2023 7:54 AM ESTJPMorgan analyst Kenneth Worthington downgraded GCM Grosvenor Inc. (NASDAQ: GCMG) from Overweight to Neutral with a price target of $9.00.
The analyst comments "We are downgrading GCM Grosvenor from Overweight to Neutral. Our thesis was that Grosvenors Absolute Return would perform better on better returns/performance and valuation... More
