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Morgan Stanley Raises Target Price for Franklin Resources; Keefe, Bruyette & Woods Begins…

1 report, 1 independent Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Morgan Stanley raised its target price for Franklin Resources from $34.00 to $35.00 and assigned an “equal weight” rating in a research report. Separately, Keefe, Bruyette & Woods began coverage of Franklin Resources, issuing a “hold” rating and a $38.00 price objective. Other analysts have also issued various ratings on the company, including an upgrade from Wall Street Zen and a downgrade from Zacks Research.

From tickerreport.com

Why it matters

Some supportBrind's analysis of the reports

Analyst rating changes and target price adjustments reflect shifts in institutional sentiment toward the company. The consensus rating for Franklin Resources is currently “Hold,” with an average target price of $33.10.

From tickerreport.com

Who's involved

  • Keefe, Bruyette & WoodsInvestment bank that began coverage of Franklin Resources with a 'hold' rating.
  • Morgan StanleyU.S. investment bank that raised its target price for Franklin Resources.

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Coverage

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