UBS Maintains Sell on T. Rowe Price Gr, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Sell rating on T. Rowe Price Group (TROW) but raised the price target from $100 to $109.

April 12, 2024 | 4:41 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
UBS maintains a Sell rating on T. Rowe Price Group but increases the price target from $100 to $109.
The adjustment in price target by UBS suggests a slightly more positive outlook on TROW's valuation, despite maintaining a Sell rating. This could indicate an expectation of some improvement in TROW's performance or market conditions, but not enough to change the overall bearish stance. Investors might see this as a nuanced view, potentially leading to mixed reactions in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100