GCM Grosvenor Price Target Hiked by JPMorgan Chase & Co.
GCM Grosvenor's price target has been raised to $13.00 by JPMorgan Chase & Co., up from its previous forecast of $12.00.
The firm currently maintains a 'neutral' rating on the stock, indicating a potential downside of 8.87% from the current price of $14.27 per share.
This is not the first time GCM Grosvenor's price target has been revised; in May, TD Cowen increased its forecast to $14.00 from $13.50 and gave the company a 'buy' rating.