TD Cowen Upgrades Federated Hermes to Buy, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bill Kirk has upgraded Federated Hermes (NYSE:FHI) from Hold to Buy and increased the price target from $35 to $46.
October 28, 2024 | 12:34 pm
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TD Cowen has upgraded Federated Hermes to Buy and raised the price target to $46, indicating a positive outlook on the stock.
The upgrade from Hold to Buy by TD Cowen suggests increased confidence in Federated Hermes' future performance. The raised price target from $35 to $46 indicates expectations of significant upside potential, likely leading to positive investor sentiment and a potential increase in stock price.
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