Stock Track | Victory Capital Soars 5% After Positive Analyst Actions

Stock Track

2024/11/12

Shares of Victory Capital Holdings Inc. (VCTR) surged over 5% on Friday, following positive actions from Wall Street analysts that boosted investor confidence in the asset management firm.

BMO Capital Markets maintained its Outperform rating on Victory Capital, indicating a continued bullish outlook on the company's prospects. This vote of confidence from a respected research firm likely contributed to the stock's upward momentum.

Additionally, Barclays raised its price target on Victory Capital to $69 from $59, reflecting a more optimistic valuation assessment. The higher target price implies potential further upside for the stock, attracting increased buying interest from investors.

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(VCTR) surged over 5% on Friday, following positive actions from Wall Street analysts that boosted investor confidence in the asset management firm.</p>\n\n<p>BMO Capital Markets maintained its Outperform rating on Victory Capital, indicating a continued bullish outlook on the company's prospects. This vote of confidence from a respected research firm likely contributed to the stock's upward momentum.</p>\n\n<p>Additionally, Barclays raised its price target on Victory Capital to $69 from $59, reflecting a more optimistic valuation assessment. 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