The Analyst Landscape: 5 Takes On Federated Hermes
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Federated Hermes (NYSE:FHI), with recent ratings showing a mix of somewhat bullish and indifferent stances. The average 12-month price target has increased by 2.81% to $36.6. Despite this, Federated Hermes faces challenges with declining revenue and profitability metrics below industry averages.
October 22, 2024 | 8:01 pm
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Federated Hermes (NYSE:FHI) has received mixed analyst ratings, with a slight increase in the average price target to $36.6. Despite this, the company faces challenges with declining revenue and profitability metrics below industry averages.
The article highlights mixed analyst ratings for Federated Hermes, with a slight increase in the average price target. However, the company's financial performance shows declining revenue and profitability metrics below industry averages, which could offset the positive sentiment from analysts. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100