TD Cowen analyst William Katz maintains $T. Rowe Price (TROW.US)$ with a hold rating, and adjusts the target price from $118 to $116.
According to TipRanks data, the analyst has a success rate of 64.9% and a total average return of 13.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $T. Rowe Price (TROW.US)$'s main analysts recently are as follows:
Following a review of the financial model, expectations for T. Rowe Price's earnings per share remain steady for 2025 at $9.84, while a slight increase is anticipated for 2026, rising by 1.2% to $9.90, attributable to reductions in compensation and product-related expenses.
T. Rowe Price's recent earnings outperformance was attributed to reduced expenses and favorable tax rates, although management fees were below expectations. Company management expressed optimism regarding continued improvements in cash flow, yet it remains uncertain whether there will be a resurgence of positive organic growth by the year 2025.
While it's not believed that T. Rowe Price is at a juncture of positive change concerning long-term attrition, the analysis indicates that the most intense period of attrition pressure may have passed.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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