On Nov 05, major Wall Street analysts update their ratings for $T. Rowe Price (TROW.US)$, with price targets ranging from $110 to $129.
Morgan Stanley analyst Michael Cyprys maintains with a hold rating, and adjusts the target price from $127 to $129.
Barclays analyst Benjamin Budish maintains with a sell rating, and adjusts the target price from $101 to $110.
Deutsche Bank analyst Brian Bedell maintains with a hold rating, and adjusts the target price from $112 to $115.
TD Cowen analyst William Katz maintains with a hold rating, and adjusts the target price from $118 to $116.
Furthermore, according to the comprehensive report, the opinions of $T. Rowe Price (TROW.US)$'s main analysts recently are as follows:
Following a model update, it is projected that there will be consistent earnings per share in 2025 and a slight increase of 1.2% in 2026, attributed to reductions in compensation and product-related expenses.
Post the Q3 report, T. Rowe Price's earnings surpassed expectations due to reduced costs and taxes, although management fees were below projections. According to an analyst, management conveyed confidence about the company's flow profile during the call, but it remains uncertain whether there will be a resurgence to positive organic growth by 2025.
The analysis suggests that T. Rowe Price may not yet be at a turning point regarding long-term attrition, but the most intense pressure from attrition could now be considered a thing of the past.
Here are the latest investment ratings and price targets for $T. Rowe Price (TROW.US)$ from 4 analysts:
Note:
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