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PWP — Perella Weinberg Partners News Story

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Perella Weinberg rises after third-quarter revenue, profit jump

BUZZ-Perella Weinberg rises after third-quarter revenue, profit jump

** Perella Weinberg PWP.O shares climb 7.7% to $13.94

** Advisory firm posts Q3 adj net income increases to $41.8 mln from year-ago $14.6 mln

** Revenue soars 53% to $251 million, driven by a higher number of fee-paying clients and more fee events exceeding $5 million

** Three of four analysts rate stock "strong buy" or "buy" and one "sell"; their median PT is $19.5 - data compiled by LSEG

** Including session's move, stock down 18.8% YTD




(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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