Cohen & Steers Inc
CNS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$74.00 | Tyrwv | Lqcyltfvm |
Cohen & Steers Earnings: Higher Yields on Less Risky Assets Continue to Affect Flows and Performance
We're likely to reduce our $64 per share fair value estimate for narrow-moat-rated Cohen & Steers slightly following third-quarter results that, while a bit more positive on the top line, saw a continuation of higher-core operating costs relative to historical levels (and contrary to our expectations for greater easing of some of these expenses).