By: Benzinga
February 15, 2013 at 14:47 PM EST
UPDATE: Bank of America Reiterates Neutral Rating, Raises PT on Manning and Napier on 4Q EPS
In a report published Friday, Bank of America reiterated its Neutral rating on Manning and Napier (NYSE: MN ), and raised its price target from $14.00 to $16.50. Bank of America noted, “We see MN as an attractive franchise with a distinct investment culture and approach, but we are cautious
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