JPMorgan analyst Kenneth Worthington lowered the firm’s price target on Federated Hermes (FHI) to $53 from $56 and keeps an Underweight rating on the shares.
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Read More on FHI:
- Federated Hermes Keeps Risk Disclosures Unchanged, Signaling Stability but Leaving Room for Emerging Risks
- Federated Hermes Earnings Call: Scale, Flows, and Costs
- FHI Upcoming Earnings Report: What to Expect?
- Federated Hermes price target raised to $56 from $55 at RBC Capital
- Federated Hermes downgraded to Underweight from Neutral at JPMorgan