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BofA/Merrill Lynch Cuts T. Rowe Price (TROW) to Neutral, Price Target Lowered to $76

April 20, 2011 9:39 AM EDT
Get Alerts TROW Hot Sheet
Price: $110.56 -0.66%

Rating Summary:
    3 Buy, 15 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at BofA/Merrill Lynch downgraded shares of T. Rowe Price (NASDAQ: TROW) from Buy to Neutral Wednesday morning. The firm reduced its price target on the stock from $79 to $76.

With shares of T. Rowe trading up 0.2 percent to $66.19 this morning, BofA's new price target suggests potential upside of about 15 percent.

For more ratings news on T. Rowe Price click here and for the rating history of T. Rowe Price click here.


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