In a report released today, Devin Ryan from JMP Securities reiterated a Buy rating on Perella Weinberg Partners (PWP – Research Report), with a price target of $18.00. The company’s shares opened today at $10.03.
Ryan covers the Financial sector, focusing on stocks such as Lazard, LPL Financial, and Goldman Sachs Group. According to TipRanks, Ryan has an average return of 16.5% and a 67.20% success rate on recommended stocks.
Currently, the analyst consensus on Perella Weinberg Partners is a Moderate Buy with an average price target of $12.00.
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Based on Perella Weinberg Partners’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $131.98 million and a GAAP net loss of $27.42 million. In comparison, last year the company earned a revenue of $166.28 million and had a net profit of $8.89 million
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Read More on PWP:
- Perella Weinberg Reports Second Quarter 2023 Results
- Perella Weinberg to Announce Second Quarter 2023 Financial Results and to Host Conference Call on August 3, 2023
- Perella Weinberg Partners announces Doolin has joined the firm as a Partner
- Christopher Doolin Joins Perella Weinberg Partners as Partner
- Perella Weinberg cutting 7% of workforce, Bloomberg reports
