Evercore ISI Group Maintains Underperform on Franklin Resources, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Underperform' rating on Franklin Resources and lowered its price target from $24 to $20, indicating a bearish outlook.
September 05, 2024 | 12:59 pm
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Evercore ISI Group has maintained an 'Underperform' rating on Franklin Resources and reduced its price target from $24 to $20, suggesting a negative outlook.
The 'Underperform' rating and lowered price target from $24 to $20 by Evercore ISI Group indicates a bearish sentiment towards Franklin Resources, likely leading to a negative short-term impact on its stock price.
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