BMO Capital cuts StepStone Group price target to $48 from $58
BMO Capital lowered its StepStone Group price target to $48 per share from $58, according to Dow Jones Newswires.
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what happened
Dow Jones Newswires reports that BMO Capital reduced its price target on StepStone Group shares to $48 per share from $58.
The ratings update is referenced to analyst rating data published by Benzinga.
why it matters
A cut to a price target reflects the bank's updated view of the company's valuation. Such moves usually affect sentiment around the stock, but on their own they do not signal a change in financial results, so investors often weigh them against company reports and the broader analyst consensus.
tags
instruments
sources
- StepStone Group Price Target Cut to $48.00/Share From $58.00 by BMO Capital — Dow Jones Newswires, 27 October 2026 at 17:54 UTC
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