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Fly News Breaks for February 3, 2020
VRTS
Feb 3, 2020 | 09:33 EDT
Barclays analyst Jeremy Campbell upgraded Virtus Investment to Overweight from Equal Weight with a price target of $145, up from $128. The analyst calls Virtus a "mispricing opportunity." With liquidity improving and upside from both higher earnings and an "extremely muted" multiple re-rating, Virtus Investment is worth a look for small cap investors, Campbell tells investors in a research note. He sees momentum for the company following its "solid" Q4 results and "strong" forward guidance.
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