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Jefferies Keeps a Hold Rating on T Rowe Price (TROW)

Jefferies analyst Daniel Fannon maintained a Hold rating on T Rowe Price (TROWResearch Report) today and set a price target of $118.00. The company’s shares closed last Wednesday at $111.33, close to its 52-week low of $104.72.

According to TipRanks.com, Fannon is a 5-star analyst with an average return of 9.0% and a 62.8% success rate. Fannon covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Marketaxess Holdings, and Goldman Sachs Group.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for T Rowe Price with a $115.73 average price target, representing a 3.8% upside. In a report issued on June 30, Morgan Stanley also maintained a Hold rating on the stock with a $121.00 price target.

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The company has a one-year high of $224.56 and a one-year low of $104.72. Currently, T Rowe Price has an average volume of 1.7M.

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Maryland-based T. Rowe Price Group, Inc. is a global investment management company that provides funds, advisory services, account management, and retirement plans and services. The company offers its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.

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