Wells Fargo Maintains Underweight on Franklin Resources, Lowers Price Target to $25.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Finian O'Shea maintains an Underweight rating on Franklin Resources (NYSE:BEN) and lowers the price target from $26 to $25.5.
June 01, 2023 | 12:07 pm
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Wells Fargo analyst Finian O'Shea maintains an Underweight rating on Franklin Resources and lowers the price target from $26 to $25.5.
The lowered price target by Wells Fargo analyst Finian O'Shea indicates a negative outlook for Franklin Resources (BEN) in the short term. The Underweight rating suggests that the stock may underperform compared to other stocks in the market. This news is highly relevant and important for investors in BEN, as it directly affects their investment decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100