Stock Rating Downgrade
In the last week the Value Trend Rating for Artisan Partners Asset Managemen (NYSE: APAM) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Artisan Partners Asset Managemen (NYSE: APAM) stock declined modestly by -1.5% on 3/8/24. The stock closed at $44.71. NORMAL trading volume accompanied the decline. The stock has risen 3.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
APAM is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Artisan Partners Asset Managemen has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Artisan Partners Asset Managemen has a poor Appreciation Score of 24 but a good Power Rating of 78, and the Neutral Value Trend Rating results.
Be the first to comment