UBS Maintains Neutral on Federated Hermes, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Adam Beatty has maintained a Neutral rating on Federated Hermes (NYSE:FHI) and increased the price target from $35 to $37.
January 10, 2024 | 1:51 pm
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UBS analyst Adam Beatty maintains a Neutral rating on Federated Hermes and raises the price target from $35 to $37.
The increase in price target by UBS suggests a positive outlook on the performance of Federated Hermes, which could lead to a short-term increase in the stock price. However, since the rating remains Neutral, the impact may be moderate as it does not indicate a strong buy or sell sentiment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100