Deutsche Bank Maintains Hold on Franklin Resources, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brian Bedell maintains a Hold rating on Franklin Resources (NYSE:BEN) and lowers the price target from $29 to $24.
April 30, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Deutsche Bank maintains a Hold rating on Franklin Resources and lowers the price target from $29 to $24.
The reduction in the price target by Deutsche Bank 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 80
RELEVANCE 100