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Analysts Are Neutral on Top Financial Stocks: Franklin Resources (BEN), Atlas (ATCO)

Analysts fell to the sidelines weighing in on Franklin Resources (BENResearch Report) and Atlas (ATCOResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Franklin Resources (BEN)

In a report released today, James Fotheringham from BMO Capital maintained a Hold rating on Franklin Resources, with a price target of $22.00. The company’s shares closed last Thursday at $22.15, close to its 52-week low of $20.24.

According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 12.5% and a 61.7% success rate. Fotheringham covers the Financial sector, focusing on stocks such as International Money Express, Discover Financial Services, and Focus Financial Partners.

Currently, the analyst consensus on Franklin Resources is a Moderate Sell with an average price target of $21.78, representing a -1.8% downside. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a $23.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Atlas (ATCO)

In a report released today, Fadi Chamoun from BMO Capital maintained a Hold rating on Atlas, with a price target of $15.50. The company’s shares closed last Thursday at $15.29, close to its 52-week high of $16.23.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 14.7% and a 68.8% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Norfolk Southern.

Atlas has an analyst consensus of Hold, with a price target consensus of $15.50, implying a 1.4% upside from current levels. In a report issued on November 1, B.Riley Financial also downgraded the stock to Hold with a $15.50 price target.

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