** Shares of investment tech platform SEI Investments SEIC.O climb 4.5% to $86.65
** Raymond James upgrades SEIC to "outperform" from "market perform"; assigns $99 PT, a 19.3% upside to stock's last close
** Brokerage says SEIC has shown sustainable improvement in sales activity and expense discipline that should result in improving core revenue growth and attract incremental margins
** Adds that it thinks the stock should move higher and paired with an improving profit growth outlook, it offers an attractive risk/reward for investors
** Two of six brokerages rate the stock "buy" or higher, three "hold" and one "sell"; their median PT is $90 — LSEG data
** SEIC stock jumped 29.8% in 2024
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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