Wells Fargo Resumes Coverage on T. Rowe Price (TROW) at Outperform; Industry Leading Organic Growth Rate

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Wells Fargo resumes coverage on T. Rowe Price (NASDAQ: TROW) with an Outperform. PT range $70-75.

Analyst, Christopher Harris, said, "We consider TROW to be a best-in-class asset manager with industry leading flows, performance and profitability. The company's strong position in retirement and growing penetration of international markets are clear positives."

For an analyst ratings summary and ratings history on T. Rowe Price click here. For more ratings news on T. Rowe Price click here.

Shares of T. Rowe Price closed at $61.32 yesterday, with a 52 week range of $44.68-$66.00.

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