Barrington Research Reiterates Affiliated Managers Group Outperform, Raises PT to $120
Barrington Research reiterated its Affiliated Managers Group (NYSE: AMG) Outperform rating and raised its Affiliated Managers Group price target from $110 to $120 in a research report published today.
In the report, Barrington Research states, "With AMG's current momentum (solid organic growth), the increasing likelihood of meaningful investments (i.e., acquisitions) and strong positioning (for an eventual re-risking of portfolios), we continue to view the shares as attractive, and reiterate our OUTPERFORM investment rating."
Shares of Affiliated Managers Group closed today at $100.51, down 0.05% from Monday's market close.
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