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Fly News Breaks for July 25, 2016
APAM
Jul 25, 2016 | 07:11 EDT
As noted earlier, RBC Capital downgraded Artisan Partners to Sector Perform from Outperform. RBC analyst Eric Berg says that the company is facing multiple near-term challenges, including its high leverage to equity management. According to Berg, many investors may look to avoid equity managers, given the high outflows from them this year. Target to $31 from $38.