Feb. 8 at 5:32 PM
$PWP Perella Weinberg Partners price target raised to
$23 from
$21 at Goldman Sachs
Goldman Sachs analyst James Yaro raised the firm's price target on Perella Weinberg Partners to
$23 from
$21 but keeps a Sell rating on the shares. The company's Q4 earnings topped estimates and the management expects continued improvement in the global M&A market in 2025, driven by strength in the U.S., increasing activity in the EU, and a pick up in sponsors, the analyst tells investors in a research note. Goldman adds however that the company also acknowledges the risk from increased volatility given policy uncertainty.