TD Cowen Maintains Hold on Federated Hermes, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Kirk maintains a Hold rating on Federated Hermes (NYSE:FHI) and lowers the price target from $34 to $33.
July 29, 2024 | 5:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
TD Cowen analyst Bill Kirk maintains a Hold rating on Federated Hermes and lowers the price target from $34 to $33.
The lowered price target from $34 to $33 suggests a slightly more pessimistic outlook on Federated Hermes' stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100