Keefe, Bruyette & Woods Maintains Underperform on Franklin Resources, Maintains $23 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Aidan Hall maintains an Underperform rating on Franklin Resources (NYSE:BEN) with a $23 price target.
August 22, 2024 | 11:09 am
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Keefe, Bruyette & Woods has reiterated its Underperform rating for Franklin Resources, maintaining a price target of $23.
The Underperform rating suggests that the analyst expects Franklin Resources to underperform relative to the market or its peers. The maintained price target of $23 indicates limited upside potential, which could negatively impact investor sentiment and the stock price in the short term.
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