T. Rowe Price price target lowered to $98 from $104 at BMO Capital

BMO Capital lowered the firm’s price target on T. Rowe Price (TROW) to $98 from $104 and keeps a Market Perform rating on the shares as part of a broader research note on Asset Managers. The firm’s negative EPS revisions across the group primarily reflects the broad market headwinds that emerged more meaningfully in March, the analyst tells investors in a research note.