Cracking The Code: Understanding Analyst Reviews For T. Rowe Price Gr
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for T. Rowe Price Gr (NASDAQ:TROW) show a mix of neutral to bearish sentiments, with no bullish ratings in the last three months. The average 12-month price target for TROW has been raised to $106.86, indicating an 8.09% increase from the previous target. Analysts from firms like Citigroup, Evercore ISI Group, JP Morgan, Wells Fargo, Morgan Stanley, and UBS have adjusted their price targets and ratings, reflecting changes in market dynamics and T. Rowe Price's performance. The company, known for its asset-management services, has shown positive revenue growth but faces challenges in market capitalization, net margin, and comparison with industry peers.
April 05, 2024 | 7:00 pm
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Analyst ratings for T. Rowe Price Gr have been updated, with a new average 12-month price target of $106.86, indicating potential growth. The company's performance and market dynamics have led to adjustments in ratings and targets by several analysts.
The increase in the average 12-month price target for TROW, along with adjustments in ratings by analysts from major firms, suggests a cautiously optimistic outlook for the stock. The mix of neutral to bearish ratings indicates varied analyst perceptions, but the overall increase in the price target could signal expected positive performance in the short term. The company's recent revenue growth and strong ROE and ROA figures support this potential, despite challenges in market capitalization and net margin.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100