Morgan Stanley analyst Michael Cyprys has maintained their neutral stance on TROW stock, giving a Hold rating yesterday.
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Michael Cyprys has given his Hold rating due to a combination of factors influencing T. Rowe Price’s stock. Despite a slight increase in the earnings per share (EPS) forecast for the upcoming quarters, the overall growth outlook remains modest. The EPS for 2025 and 2026 has been adjusted upwards due to improved expense management, yet the changes are not substantial enough to warrant a more optimistic rating.
Additionally, while the price target has been raised slightly, it reflects only a moderate potential for appreciation compared to the current stock price. The valuation, based on a price-to-earnings ratio for 2026, suggests that the stock is fairly valued at present levels. These elements combined lead to a Hold rating, indicating that the stock is expected to perform in line with the broader market in the near term.
According to TipRanks, Cyprys is a 4-star analyst with an average return of 4.3% and a 53.85% success rate. Cyprys covers the Financial sector, focusing on stocks such as CME Group, BlackRock, and T Rowe Price.
In another report released yesterday, KBW also maintained a Hold rating on the stock with a $112.00 price target.