UPDATE: Morgan Stanley Initiates Coverage on Virtus Investment Partners
January 15, 2014 at 10:48 AM EST
In a report published Tuesday, Morgan Stanley analyst Thomas Whitehead initiated coverage on Virtus Investment Partners (NASDAQ: VRTS ) with an Equal-weight rating, establishing a $210.00 price target. According to the report, the initiation follows the analyst's estimate for best-in-class EPS growth and second-best flows is offset by one