Evercore ISI Maintains Buy Rating on Cohen & Steers with $81 Price Target

Evercore ISI analyst John Dunn maintains a Buy rating on Cohen & Steers with a price target of $81.00. The company reported Q1 revenue of $139.84 million and net profit of $39.78 million, up from $120.48 million and $34 million YoY. However, corporate insider sentiment is negative with 88 insiders selling shares, including President and CIO Jon Cheigh who sold 25,500 shares for $2.04 million in May. The word on the street suggests a Moderate Sell analyst consensus rating with an average price target of $67.00.