Goldman Sachs Maintains Sell on T. Rowe Price Gr, Lowers Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexander Blostein maintains a Sell rating on T. Rowe Price Group (NASDAQ:TROW) and lowers the price target from $106 to $102.
October 03, 2024 | 4:55 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Sell rating on T. Rowe Price Group and reduced the price target from $106 to $102, indicating a bearish outlook.
The maintenance of a Sell rating and the reduction of the price target by Goldman Sachs suggests a negative outlook on T. Rowe Price Group's stock. This could lead to a decrease in investor confidence and a potential decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100