Deutsche Bank Maintains Hold on Franklin Resources, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Bedell has maintained a Hold rating on Franklin Resources (NYSE:BEN) and reduced the price target from $30 to $28.
January 30, 2024 | 9:26 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Deutsche Bank has maintained a Hold rating on Franklin Resources and lowered the price target from $30 to $28, indicating a cautious outlook.
The reduction in price target by Deutsche Bank suggests a less optimistic view on the stock's future performance, which could lead to negative sentiment among investors and potentially a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100