SEI Investments price target lowered to $60 from $68 at OppenheimerOppenheimer analyst Glenn Greene lowered his price target for SEI Investments to $60 from $68 to reflect recent market depreciation, and SEI's perhaps 65%-70% market sensitivity. The analyst remains optimistic long-term regarding SWP sales momentum, and PB&T's long-term profitability trajectory. That said, recent market uncertainty could further impact sales cycles and asset flows, he contends. Greene reiterates an Outperform rating on the shares. |