T. Rowe Price price target raised to $110 from $101 at Barclays

Barclays raised the firm’s price target on T. Rowe Price (TROW) to $110 from $101 and keeps an Underweight rating on the shares post the Q3 report. The company’s earnings beat on lower costs and taxes, while management fees came in light, the analyst tells investors in a research note. The firm says that on the call, management sounded upbeat about ongoing progress in its flow profile, though it is not yet clear if 2025 will see a return to positive organic growth.