** Shares of Artisan Partners Asset Management APAM.N down about 2% at $45.22

** Brokerage TD Cowen cuts PT on APAM to $43 from $47

** "We come away a bit more mixed around the flow and capital deployment outlooks, even as we remain constructive on newer growth initiatives" - brokerage

** Newer growth initiatives like credit & EMsights platforms, should continue to gain traction - brokerage

** One of four brokerages rate the stock "buy", two "hold" and one "sell"; their median PT is $44, according to data compiled by LSEG

**Including session's moves, stock up almost 9% YTD

(Reporting by Anshi Sancheti)

((Anshi.Sancheti@thomsonreuters.com))