Upcoming Budget Announcement: Rachel Reeves, the U.K. Chancellor of the Exchequer, is set to unveil her second Budget on November 26, amidst a backdrop of significant leaks and public speculation regarding potential tax increases or spending cuts to address a fiscal shortfall of £25-30 billion.
Market Reactions and Economic Impact: The uncertainty surrounding the Budget has led to fluctuations in the housing market and business confidence, with reports of declining property prices and profit warnings from construction firms due to concerns over potential tax hikes.
Tax Policy Challenges: Reeves faces pressure to balance fiscal responsibilities while adhering to Labour's commitments, with various think tanks suggesting reforms such as freezing benefits, altering property taxes, and addressing high marginal tax rates that could hinder economic growth.
Political Dynamics: The Labour Party's left wing is reportedly resistant to spending cuts, complicating Reeves's ability to fill the fiscal gap, while recent reports indicate a significant U-turn on plans to raise income tax, reflecting the delicate balance of political and economic considerations.
Wall Street analysts forecast PWP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PWP is 20.00 USD with a low forecast of 20.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast PWP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PWP is 20.00 USD with a low forecast of 20.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 22.030
Low
20.00
Averages
20.00
High
20.00
Current: 22.030
Low
20.00
Averages
20.00
High
20.00
Keefe Bruyette
Market Perform
downgrade
$21 -> $19
2025-11-10
Reason
Keefe Bruyette
Price Target
$21 -> $19
AI Analysis
2025-11-10
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on Perella Weinberg Partners to $19 from $21 and keeps a Market Perform rating on the shares.
Keefe Bruyette
Market Perform
maintain
$23 -> $24
2025-08-04
Reason
Keefe Bruyette
Price Target
$23 -> $24
2025-08-04
maintain
Market Perform
Reason
Keefe Bruyette raised the firm's price target on Perella Weinberg Partners to $24 from $23 and keeps a Market Perform rating on the shares.
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Keefe Bruyette
Outperform -> Market Perform
downgrade
$22 -> $23
2025-07-13
Reason
Keefe Bruyette
Price Target
$22 -> $23
2025-07-13
downgrade
Outperform -> Market Perform
Reason
Keefe Bruyette downgraded Perella Weinberg Partners to Market Perform from Outperform with a price target of $23, up from $22, following a transfer of coverage. The firm believes the merger and acquisition environment should continue to improve gradually throughout the second half of the year. While policy and geopolitical uncertainty remain a risk, deal pipelines are still near all-time highs, the analyst tells investors in a research note. Keefe upgraded Houlihan Lokey and downgraded Perella Weinberg with the analyst change.
Wolfe Research
Outperform
maintain
$22 -> $25
2025-07-10
Reason
Wolfe Research
Price Target
$22 -> $25
2025-07-10
maintain
Outperform
Reason
Wolfe Research raised the firm's price target on Perella Weinberg Partners to $25 from $22 and keeps an Outperform rating on the shares. The firm has confidence in recommending alternative asset managers over the merger and acquisition brokers as a way to play the improving capital markets backdrop.
About PWP
Perella Weinberg Partners is an independent advisory company that provides strategic and financial advice to clients across active industry sectors and international markets. Its single business segment is to provide advisory services, including advice related to strategic and financial decisions, mergers and acquisitions execution, shareholder engagement advisory, financing and capital solutions advice, with a focus on restructuring and liability management, capital markets advisory, and private capital placement, as well as specialized underwriting and research services for the energy and related industries. Its range of global clients includes large public multinational corporations, mid-sized public and private companies, financial sponsors, individual entrepreneurs, private and institutional investors, creditor committees and government institutions. Its areas of industry focus include consumer and retail, energy & energy transition, financial services & fintech, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.