AAMI Stock Upped by Wall Street Zen to Strong-Buy Rating

Wall Street Zen has upgraded its rating of Acadian Asset Management (NYSE:AAMI) to strong-buy from buy, according to MarketBeat.

The analysts at Wall Street Zen believe in the potential of AAMI and have given it a price target of $80.00 per share, which is higher than Royal Bank Of Canada's previous estimate of $72.00.

However, not all analysts are optimistic about AAMI's future. Zacks Research downgraded its rating to hold from strong-buy in August, citing concerns about the company's performance.