Artisan Partners Asset Management Inc. Reports 1Q24 Results

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Artisan Partners Asset Management (APAM) PT Lowered to $40 at Evercore ISI

April 25, 2024 4:54 AM EDT

Evercore ISI analyst John Dunn lowered the price target on Artisan Partners Asset Management (NYSE: APAM) to $40.00 (from $43.00) while maintaining a In Line rating.

The analyst comments "Although flows landed a drop better than expectations thanks to the retail channel, investors bid APAM shares lower. This seems like a continuation of a trend for managers in the spotlight on their... More