Cohen & Steers Inc

CNS: XNYS (USA)
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Cohen & Steers Earnings: Fed Rate Cuts Lead to a Return to Positive Flows, but Headwinds Persist

There was little in narrow-moat Cohen & Steers' fourth-quarter results that would alter our long-term view of the firm. We are leaving our $92 per share fair value estimate in place. We view the shares as slightly undervalued right now.

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