UPDATE: Citigroup Raises PT on Affiliated Managers Group on Mixed Factors
July 31, 2013 at 10:43 AM EDT
In a report published Wednesday, Citigroup analyst William R. Katz reiterated a Neutral rating on Affiliated Managers Group (NYSE: AMG ), and raised the price target from $160.00 to $180.00. In the report, Citigroup noted, “On the one hand, we are bullish on AMG's strategic positioning and flow prospects. On