JP Morgan Maintains Underweight on T. Rowe Price Gr, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ken Worthington maintains an Underweight rating on T. Rowe Price Gr (NASDAQ:TROW) and raises the price target from $90 to $94.

February 09, 2024 | 9:08 pm
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NEUTRAL IMPACT
JP Morgan maintains an Underweight rating on T. Rowe Price Gr but raises the price target from $90 to $94.
While the Underweight rating suggests a cautious view on T. Rowe Price Gr's stock, the increase in price target from $90 to $94 indicates a slight improvement in JP Morgan's valuation assessment. This mixed signal could lead to neutral short-term price movement as investors digest both the continued caution and the increased valuation.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90