This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Bank of America Securities Remains a Buy on Victory Capital Holdings (VCTR)

Tipranks - Mon Apr 6, 11:46AM CDT

Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Victory Capital Holdings on April 2 and set a price target of $68.00. The company’s shares closed last Thursday at $62.93.

Easter Sale - 70% Off TipRanks

According to TipRanks, Siegenthaler is a 5-star analyst with an average return of 14.1% and a 56.35% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as BlackRock, T Rowe Price, and Blue Owl Capital.

Currently, the analyst consensus on Victory Capital Holdings is a Moderate Buy with an average price target of $72.50, which is a 15.21% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $69.00 price target.

Based on Victory Capital Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $374.12 million and a net profit of $112.81 million. In comparison, last year the company earned a revenue of $232.37 million and had a net profit of $76.94 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.