RBC Capital Maintains Sector Perform on Federated Hermes, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee has maintained a 'Sector Perform' rating on Federated Hermes (NYSE:FHI) and increased the price target from $36 to $37.
January 29, 2024 | 5:20 pm
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RBC Capital has maintained a 'Sector Perform' rating on Federated Hermes and raised the price target to $37, indicating a stable outlook with a slight positive bias.
The increase in price target by RBC Capital suggests a modestly positive outlook for Federated Hermes, which could lead to a slight uptick in investor confidence and potentially a small increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100