Form SC 13G/A GCM Grosvenor Inc. Filed by: Schonfeld Strategic Advisors LLC

Go back to Form SC 13G/A GCM Grosvenor Inc. Filed by: Schonfeld Strategic Advisors LLC

JPMorgan Downgrades GCM Grosvenor Inc. (GCMG) to Neutral

February 15, 2023 7:54 AM EST

JPMorgan 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