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.
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Read More on TROW:
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