JP Morgan Maintains Overweight on Federated Hermes, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington has maintained an Overweight rating on Federated Hermes (NYSE:FHI) and increased the price target from $43 to $44.
January 18, 2024 | 7:33 pm
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JP Morgan analyst Kenneth Worthington maintains an Overweight rating on Federated Hermes and raises the price target from $43 to $44.
The increase in price target by JP Morgan reflects a positive outlook on Federated Hermes, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100