Bank of America Raises Affiliated Managers Group (AMG) Price Target to $479

Core Viewpoint - Affiliated Managers Group, Inc. (AMG) is recognized as one of the top asset management stocks to consider for investment, with a recent price target increase by Bank of America reflecting positive market sentiment and performance [1][2]. Financial Performance - AMG reported a 22% year-over-year increase in annual economic earnings per share for the full year 2025, reaching $26.05 [3]. - The company’s fourth quarter and full year earnings results were disclosed on February 12, 2026, indicating strong financial performance [3]. Strategic Initiatives - AMG announced plans to expand its global private markets presence through strategic investments, including acquiring a minority stake in HighBrook Investors, which focuses on U.S. data centers and European logistics [3]. - The firm also increased its investment in Garda Capital Partners, a specialist in fixed-income relative-value strategies, aiming to strengthen partnerships with independent firms and capture alternative returns [3]. Analyst Ratings - Bank of America raised its price target for AMG from $443 to $479 while maintaining a Buy rating, reflecting a reassessment of EPS forecasts based on recent financial reports and market trends [2][6].