BUZZ-Artisan Partners slips after TD Cowen cuts PT** 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))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.