UPDATE: Jefferies Raises PT to $140 on Affiliated Managers Group on Q3 Outlook - Affiliated Managers Group (NYSE:AMG)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Jefferies reiterated its Buy rating on Affiliated Managers Group (NYSE: AMG) and raised its price target from $128 to $140. Jefferies said, "Last week we had a chance to spend time with mgt to get caught up on recent trends. AMG is poised to record a 10th consecutive qtr of positive flows and remains entrenched as the industry leader in organic growth. While deal flow will likely slow in the near term following an active first half of the year, the long-term opportunity set for continued capital deployment remains attractive."Affiliated Managers Group closed at $123.00 on Friday.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!