Raymond James Initiates SEI Investments With Outperform

Analysts at Raymond James initiated coverage on

with a Outperform rating. The target price for SEI Investments is set to $54. SEI Investments shares have gained 45.13 percent over the past 52 weeks, while the S&P 500 index has surged 7.51 percent in the same period. SEI Investments' shares closed at $48.17 yesterday.