2022-05-19 07:00:47 AMG Affiliated Managers
05/19/22 05/1907:00 05/19/2207:00 | Affiliated Managers price target lowered to $152 from $162 at Deutsche BankDeutsche Bank analyst Brian Bedell lowered the firm's price target on Affiliated Managers to $152 from $162 and keeps a Buy rating on the shares. More buying opportunities are emerging in the brokers, asset managements and exchange sector amid the equity market decline, Bedell tells investors in a research note. The stocks are pricing in an estimated 55% chance of recession, making the risk/return for 12-18 month holding periods across much of the group "very attractive," says the analyst. |
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