Evercore ISI Group Maintains Outperform on Federated Hermes, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst John Dunn has maintained an Outperform rating on Federated Hermes (NYSE:FHI) and increased the price target from $36 to $39.
March 08, 2024 | 3:18 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an Outperform rating on Federated Hermes and raised the price target from $36 to $39.
The maintenance of an Outperform rating combined with an increase in the price target by Evercore ISI Group suggests a positive outlook for Federated Hermes. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100