Wells Fargo raised the firm’s price target on Franklin Resources (BEN) to $21.50 from $20 and keeps an Equal Weight rating on the shares. The firm highlights well received Q2 and conference call comments on fee rate, expenses, tame April flows despite volatility, and Franklin Resources’ solid positioning among traditional managers in private asset/alt products.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BEN:
- Franklin Resources: Balancing Positive Earnings with Cautious Outlook Amid Mixed Signals
- Franklin Resources price target raised to $19 from $17 at Barclays
- Franklin Resources Reports Q2 2025 Earnings
- Franklin Resources Earnings Call: A Mixed Outlook
- Franklin Resources reports Q2 adjusted EPS 47c, consensus 48c