UBS Maintains Neutral on Franklin Resources, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken maintains a Neutral rating on Franklin Resources (NYSE:BEN) but lowers the price target from $24 to $21.
October 22, 2024 | 3:03 pm
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UBS analyst Brennan Hawken maintains a Neutral rating on Franklin Resources but lowers the price target from $24 to $21, indicating a less optimistic outlook.
The lowering of the price target from $24 to $21 by UBS suggests a less optimistic view on Franklin Resources' future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100