Breaking Finance News

A statement released earlier today by Zacks Investment Research about Artisan Partners Asset Management Inc (NYSE:APAM) ups the target price to $33.00

Reporting a potential upside of 0.13%, Zacks Investment Research upped the price target of Artisan Partners Asset Management Inc (NYSE:APAM) to $33.00

Yesterday Artisan Partners Asset Management Inc (NYSE:APAM) traded -0.43% lower at $29.15. The company’s 50-day moving average is $31.77 and its 200-day moving average is $30.17. The last stock close price is down 15.34% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 370,725 shares of the stock were exchanged, down from an average trading volume of 397,870

See Chart Below

Artisan Partners Asset Management Inc (NYSE:APAM)

Artisan Partners Asset Management Inc has a 52 week low of $24.48 and a 52 week high of $35.25 with a P/E ratio of 20.53 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokers have issued a research note on APAM. The one year target is $33.14 with zero equity analysts rating the company a strong buy, two equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Artisan Partners Asset Management Inc (NYSE:APAM)

Artisan Partners Asset Management Inc. is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, each of which is managed by one of its investment teams. The Company provides investment management services to separate accounts, mutual funds and other pooled investment vehicles. The Company offers its investment management services primarily to institutions and through intermediaries that operate with institutional-like decision-making processes and have long-term investment horizons. The Company provides clients with multiple equity investment strategies spanning market capitalization segments and investing styles in both the United States and non-United States markets. The Company also offers one fixed income strategy, the Artisan High Income strategy. Each strategy is managed by one of the investment teams.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.