Raymond James analyst Patrick O'Shaughnessy raised the firm's price target on SEI Investments to $124 from $122 and keeps an Outperform rating on the shares. The firm anticipates continued strong closed sales momentum will persist in 2026, and in combination with tailwinds from market appreciation, drive continued strong revenue and EPS growth. As investors gain more confidence in SEI's sales outlook and the AI bear case fades over time, the firm expects the stock should re-rate substantially higher.