Bank of America Securities Remains a Buy on Victory Capital Holdings (VCTR)
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.
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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
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- Victory Capital price target lowered to $68 from $75 at BofA
- Victory Capital Withdraws Janus Henderson Acquisition Proposal
- Victory Capital withdraws proposal to acquire Janus Henderson
- Trian, General Catalyst confirm increased $52.00 per share Janus Henderson bid
- Trian, General Catalyst increase bid to $52.00 per share for Janus Henderson
