Why Artisan Partners (APAM) Shares Are Trading Lower Today
Artisan Partners (APAM) shares fell 3.3% after TD Cowen cut its price target to $33. Analyst Bill Katz cited lower-than-expected assets under management ($168.7B) due to client attrition. The stock closed at $32.47, down 3%. APAM's AUM is critical for its fee-based revenue model.


