StepStone rises as Wells Fargo initiates coverage with 'overweight'
02/10/2026 17:07
BUZZ-StepStone rises as Wells Fargo initiates coverage with 'overweight' ** Shares of private markets investment firm StepStone Group STEP.O rise 2.1% to $45.67 as Wells Fargo initiates coverage
** Brokerage gives STEP an "overweight" rating and a PT of $55
** Says the firm's strong presence in private wealth puts it in a solid position as demand for alternative investments grows
** 9 of 10 brokerages rate the stock "buy" or higher and 1 "hold"; median PT is $63 - data compiled by LSEG
** STEP down 28.90% YTD
(Reporting by Jayasree Prabhu)
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