Goldman Sachs Maintains Sell on Franklin Resources, Raises Price Target to $24.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Sell rating on Franklin Resources (NYSE:BEN) and raises the price target from $21.5 to $24.5.
July 31, 2023 | 12:24 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs maintains a Sell rating on Franklin Resources, but raises the price target from $21.5 to $24.5.
The news directly pertains to Franklin Resources (BEN). Despite the raised price target, the maintained Sell rating by Goldman Sachs suggests that the firm still sees downside risk in the stock, which could negatively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100