BMO Capital Maintains Market Perform on Franklin Resources, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Etienne Ricard has maintained a Market Perform rating on Franklin Resources (NYSE:BEN) and increased the price target from $27 to $30.
January 30, 2024 | 3:28 pm
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BMO Capital has maintained a Market Perform rating on Franklin Resources and raised the price target from $27 to $30, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a positive sentiment towards Franklin Resources' stock performance in the short term. As price targets often influence investor expectations and can lead to price movements, this revision could result in a short-term uptick in the stock price.
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