Evercore ISI Group Maintains Outperform on Federated Hermes, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Federated Hermes and raised its price target from $36 to $38, indicating a positive outlook for the company's stock.
October 04, 2024 | 1:07 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Federated Hermes and increased the price target from $36 to $38, suggesting a positive short-term outlook for the stock.
The 'Outperform' rating and increased price target from a reputable analyst group like Evercore ISI suggest confidence in Federated Hermes' future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100