Raymond James Maintains Strong Buy Rating for AssetMark Financial Hldgs: Here's What You Need To Know

Raymond James has decided to maintain its Strong Buy rating of AssetMark Financial Hldgs AMK and lower its price target from $38.00 to $36.00.

Shares of AssetMark Financial Hldgs are trading up 0.0% over the last 24 hours, at $24.62 per share.

A move to $36.00 would account for a 46.22% increase from the current share price.

About AssetMark Financial Hldgs

AssetMark Financial Holdings Inc is a provider of extensive wealth management and technology solutions that power independent financial advisers and their clients. It provides an end-to-end experience, spanning nearly all elements of an adviser's engagement with the client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. In addition, the company's platform provides tools and capabilities for advisers to better manage their day-to-day business activities, giving them more time for meaningful conversations with investors.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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