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UPDATE: Keefe, Bruyette & Woods Reiterates On Eaton Vance Following In-Line Results

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In a report published Friday, Keefe, Bruyette & Woods analyst Robert Lee reiterated a Market Perform rating on Eaton Vance (NYSE: EV), and raised the price target from $39.00 to $40.00.

In the report, Keefe, Bruyette & Woods noted, “Adjusted operating EPS were in-line with our forecast as modestly higher pre-tax operating income and non-operating investment income were offset by lower equity in affiliates. Net outflows were in-line with our estimate, too. Adjust EPS estimates and PT. No change to MP rating.”

Eaton Vance closed on Thursday at $38.04.

Latest Ratings for EV

DateFirmActionFromTo
Aug 2019MaintainsUnderweight
Aug 2019MaintainsNeutral
Jun 2019AssumesNeutral

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Posted-In: Bruyette & Woods Keefe Robert LeeAnalyst Color Price Target Analyst Ratings

 

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