JPMorgan analyst Kenneth Worthington started AssetMark Financial (AMK) with a Neutral rating and $29 price target. While the company has attractive growth prospects, the shares have appreciated 20% from the initial public offering and its valuation is just a 5% discount to closest peer Envestnet (ENV), Worthington tells investors in a research note. The analyst sees the potential for a better entry point.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here