Wolfe Research analyst Steven Chubak raised the firm’s price target on Perella Weinberg Partners (PWP) to $29 from $28 and keeps an Outperform rating on the shares as part of a 2025 playbook for the brokers, asset managers, and exchanges. The firm is “getting selective as valuations look stretched.” After a “banner year” for financials, Wolfe is most positive on names with secular growth stories and exposure to “Trump tailwinds,” the analyst tells investors in a research note.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PWP:
- Perella Weinberg Partners Reports Strong Q3 2024 Results
- Perella Weinberg Partners reports Q3 adjusted EPS 34c, consensus 18c
- PWP Earnings this Week: How Will it Perform?
- Perella Weinberg Partners announces Masterson joined firm as Partner
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
