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.
August 01, 2023 | 1:30 pm
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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. Despite the raised price target, the maintained Sell rating indicates that Goldman Sachs still expects the stock to underperform, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100