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UPDATE: Jefferies Raises PT to $28 on Eaton Vance on Organic Growth

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Susquehanna Upgrades Eaton Vance To Neutral

Jefferies reiterated its Hold rating on Eaton Vance (NYSE: EV) and raised its price target from $26 to $28.

Jefferies said, "EV achieved positive organic growth in the quarter and fiscal year behind improved fixed income and global macro flows as well as institutional wins at Parametric. Retail equity redemptions continue to be dominated by Large Cap Value, albeit at a decelerating rate. With pending tax law changes, EV's tax managed product suite has the potential for improved demand trends in 2013."

Eaton Vance closed at $29.03 on Wednesday.

Latest Ratings for EV

DateFirmActionFromTo
Jun 2015SusquehannaUpgradesNegativeNeutral
Jun 2015JaffrayInitiates Coverage onNeutral
Jun 2015Piper JaffrayUpgradesNeutral

View More Analyst Ratings for EV
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Price Target Intraday Update Analyst Ratings

 

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