Goldman Sachs Initiates Virtus Investment With Neutral

Analysts at Goldman Sachs initiated coverage on Virtus Investment Partners Inc VRTS with a Neutral rating. The target price for Virtus Investment is set to $135. Virtus Investment shares have dropped 34.41 percent over the past 52 weeks, while the S&P 500 index has surged 7.25 percent in the same period. Virtus Investment shares climbed 5.90 percent to close at $132.81 on Friday.