RBC Capital Maintains Sector Perform on Federated Hermes, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Kenneth Lee maintains a Sector Perform rating on Federated Hermes (NYSE:FHI) and raises the price target from $36 to $39.
October 28, 2024 | 3:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital has maintained its Sector Perform rating on Federated Hermes and increased the price target from $36 to $39, indicating a positive outlook.
The increase in price target from $36 to $39 by RBC Capital suggests a positive outlook for Federated Hermes, which could lead to a short-term increase in stock price. The maintained Sector Perform rating indicates steady performance expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100