Morgan Stanley raised the firm’s price target on T. Rowe Price (TROW) to $116 from $112 and keeps an Equal Weight rating on the shares. Following the recent Q2 report, the firm raised its 2025 EPS view by 3.5% to $9.46 and its 2026 EPS forecast 3.2% to $10.09, citing initiatives improving year-over-year expense growth.
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Read More on TROW:
- T. Rowe Price: Hold Rating Amid Modest Growth and Fair Valuation
- T. Rowe Price price target raised to $112 from $110 at Keefe Bruyette
- T. Rowe Price price target raised to $95 from $91 at Barclays
- T. Rowe Price Reports Q2 2025 Financial Results
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