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Affiliated Managers on the move as Credit Suisse recommends

Aug. 26, 2014 1:14 PM ETAffiliated Managers Group, Inc. (AMG) StockAMGBy: Stephen Alpher, SA News Editor
  • "We look for 2-4 acquisition announcements over the next 12 months, while we also look for strong (5-8%) organic growth through 2016," says Credit Suisse, reiterating its Outperform rating and $260 price target on Affiliated Managers Group (AMG +3.7%). "We estimate AMG will generate the highest organic growth in our coverage - but also relatively higher quality flows driven by significant product/manager diversification which drives lower risk/variability in results."

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