TD Cowen raised the firm’s price target on Franklin Resources (BEN) to $21.50 from $17.50 and keeps a Hold rating on the shares. The firm said they are a bit more encouraged on the overall flow picture following its Q2 results as WAMCO remains an issue, but is tracking to model, yet there are some encouraging signs, and expense control remains strong.
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Read More on BEN:
- Franklin Resources price target raised to $21.50 from $20 at Wells Fargo
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