Eaton Vance upgraded to Outperform from Sector Perform at RBC Capital RBC Capital upgraded Eaton Vance based on recent acquisitions and management's shift in strategy. Price target raised to $36 from $30.
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Eaton Vance CEO sees "improved organic growth in the coming quarters" Eaton Vance CEO Thomas Faust Jr., stated, "Although flows remain disappointing, continued development of emerging franchises and strong investment performance support improved organic growth in the coming quarters."