JP Morgan Maintains Underweight on T. Rowe Price Gr, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains an Underweight rating on T. Rowe Price Group (NASDAQ:TROW) but raises the price target from $102 to $107.
July 23, 2024 | 4:20 pm
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JP Morgan analyst Kenneth Worthington maintains an Underweight rating on T. Rowe Price Group but raises the price target from $102 to $107.
The Underweight rating suggests a cautious outlook on T. Rowe Price Group, which may limit significant upward movement in the stock price. However, the raised price target to $107 indicates some positive expectations, balancing the overall impact to neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100