Morgan Stanley Upgrades Acadian Asset Management (AAMI) to Overweight

Morgan Stanley analyst Michael Cyprys upgraded Acadian Asset Management (NYSE: AAMI) from Equalweight to Overweight with a price target of $110.00 (from $97.00).

The analyst comments: “Upgrading AAMI to Overweight from Equal-weight; raising our price target to $110 (from $97). We view AAMI as a differentiated way to play the growth of systematic investing, with its equity value directly tied to the expansion of a category gaining importance across institutional, wealth, and multi-asset channels. The key debate is whether AAMI’s recent flow acceleration reflects a cyclical funding period or a more durable shift in demand. We are increasingly in the latter camp: improving investment performance, sustained demand for Enhanced and Extension strategies, expanding distribution, optionality from systematic credit and private wealth, and a 17% AUM / 14% revenue / 18% ENI EPS growth algorithm through 2028 support a more durable outlook than the current valuation implies.”

For an analyst ratings summary and ratings history on Acadian Asset Management click here. For more ratings news on Acadian Asset Management click here.

Shares of Acadian Asset Management closed at $91.62 yesterday.

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