TD Cowen lowered the firm’s price target on T. Rowe Price (TROW) to $116 from $120 and keeps a Hold rating on the shares. The firm said while they don’t think the company is yet at the point of inflecting favorably on long-term attrition, their analysis would suggest the worst of the attrition pressure may now be in the rearview mirror.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TROW:
- T. Rowe Price price target raised to $129 from $127 at Morgan Stanley
- T. Rowe Price price target raised to $110 from $101 at Barclays
- Options Volatility and Implied Earnings Moves Today, November 01, 2024
- T. Rowe Price reports Q3 adjusted EPS $2.57, consensus $2.36
- TROW Earnings this Week: How Will it Perform?