TD Cowen lowered the firm’s price target on Federated Hermes (FHI) to $44 from $46 and keeps a Buy rating on the shares. The firm said it is not one of its hig conviction names but with its EV/EBITDA the stock still screens inexpensively even as they trim their 12-month price target
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FHI: