APAM Price Prediction Next Week
Analysis and Insights
Technical Analysis:
APAM's stock is currently trading at $41.30, with mixed technical indicators. The RSI_6 is at 46.35, RSI_12 at 43.56, and RSI_14 at 43.34, indicating a neutral to slightly bearish momentum. The MACD is at -0.83, suggesting bearish pressure, while the Stochastic Oscillator shows %K at 44.67 and %D at 44.71, indicating a potential bullish crossover.
News Sentiment and Analyst Ratings:
Recent news indicates positive sentiment. J.P. Morgan upgraded APAM to Hold with a price target of $45.12, reflecting a 16.81% upside from current levels. The average analyst consensus is a Moderate Buy with a target of $49.00, suggesting a 21.7% potential increase.
Price Prediction:
Based on the analysis, APAM is expected to reach $44.50 in the next trading week. The stock shows potential upside driven by positive analyst sentiment and moderate technical indicators.
Recommendation:
Buy APAM at the current price of $41.30, targeting $44.50, as the positive analyst upgrades and moderate technical indicators suggest upward momentum.
APAM Similar Chart Price Prediction
The price of APAM is predicted to go up 5.41%, based on the high correlation periods with VZ. The similarity of these two price pattern on the periods is 95.78%.
APAM
VZ
Up: 5.41%Similarity: 95.78%
APAM Revenue Forecast
APAM EPS Forecast
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APAM Analyst's Forecast
Bill Kirk
TD Cowen
Hold
2024-10-31
Price Target
$41 → $43
Downside
-2.49%
TD Cowen raised the firm's price target on Artisan Partners to $43 from $41 and keeps a Hold rating on the shares. The firm said they exit 3Q a bit more constructive on longer term flow trajectory,margin outlook, and potential M&A.
Alexander Blostein
Goldman Sachs
Strong Sell
2024-10-03
Price Target
$40 → $40
Downside
-5.37%
