T. Rowe Price price target raised to $95 from $94 at Morgan Stanley

Morgan Stanley raised the firm’s price target on T. Rowe Price (TROW) to $95 from $94 and keeps an Equal Weight rating on the shares. Following Q1 earnings, the firm’s 2025 EPS forecast is unchanged at $7.79 and its 2026 EPS view rises 0.5% to $7.91 as elevated expenses are partially offset by better revenues and below the line items, the analyst tells investors.