Artisan Partners: RBC Capital Keeps Outperform Rating, Raises PT to $51.

Thursday, Jul 31, 2025 11:55 am ET1min read

Artisan Partners: RBC Capital Keeps Outperform Rating, Raises PT to $51.

Title: RBC Capital Raises Price Target for Artisan Partners to $51

July 02, 2025 - RBC Capital Markets has raised its price target for Artisan Partners Asset Management Inc. (APAM) to $51, maintaining its Outperform rating. The new target reflects the firm's strong performance and growth potential, particularly in its credit and emerging markets strategies [1].

The adjustment comes following Artisan Partners' second-quarter earnings report, which showed positive net flows in all emerging market strategies, totaling $700 million for the year. The Developing World strategy, in particular, has outperformed its benchmark by 170 basis points annually after fees since inception, ranking third among 434 funds in its Lipper category [2].

RBC Capital noted several key factors supporting its positive outlook. These include the company's robust performance in the second quarter, which saw an 8% increase in assets under management (AUM) to $176 billion, and strong revenue growth of 2% compared to the previous quarter. The firm also highlighted Artisan Partners' expanding credit team, which manages more than $13 billion and is onboarding two more institutional mandates.

Despite the positive outlook, RBC Capital acknowledged potential risks, such as net client cash outflows of $1.9 billion in Q2 2025, driven by lower gross equity inflows and outflows. Additionally, the company recorded a $1.2 million charge related to the closure of the China Post-Venture strategy.

Overall, the raised price target reflects RBC Capital's confidence in Artisan Partners' ability to capitalize on growth opportunities in credit and emerging markets, despite some short-term challenges.

References:
[1] https://in.investing.com/news/analyst-ratings/booking-holdings-stock-price-target-raised-to-6100-by-rbc-capital-93CH-4935222
[2] https://seekingalpha.com/news/4474714-artisan-partners-signals-700m-net-inflows-in-emerging-markets-while-targeting-expanded-credit

Artisan Partners: RBC Capital Keeps Outperform Rating, Raises PT to $51.

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