BMO Capital Maintains Market Perform on Franklin Resources, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Etienne Ricard maintains a Market Perform rating on Franklin Resources (NYSE:BEN) and lowers the price target from $30 to $27.
April 30, 2024 | 2:04 pm
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BMO Capital maintains a Market Perform rating on Franklin Resources and lowers the price target from $30 to $27.
The reduction in the price target by BMO Capital suggests a bearish outlook on Franklin Resources' stock in the short term. This adjustment reflects the analyst's view on the company's future performance, potentially influencing investor sentiment and stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100