T. Rowe Price price target raised to $90 from $85 at Barclays

Barclays analyst Benjamin Budish raised the firm’s price target on T. Rowe Price (TROW) to $90 from $85 and keeps an Underweight rating on the shares. The company’s Q1 earnings beat estimates but its flows continue to be under pressure, though management is confident that the profile can continue to improve, the analyst tells investors in a research note.