Evercore ISI lowered the firm’s price target on T. Rowe Price (TROW) to $99 from $106 and keeps an In Line rating on the shares. The firm adjusted targets in the group after an “early look” at February and Q1 traditional asset manager flows.
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Read More on TROW:
- T. Rowe Price reports preliminary AUM $1.8T as of January 31
- T. Rowe Price price target lowered to $115 from $123 at Morgan Stanley
- T. Rowe Price raises quarterly dividend to $1.30 from $1.27 per share
- T. Rowe Price price target lowered to $106 from $116 at Evercore ISI
- T. Rowe Price price target lowered to $106 from $108 at JPMorgan