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Bernstein Initiates Coverage on Asset Management Companies (BEN, BLK, IVZ & TROW)

March 1, 2012 2:31 PM EST
Get Alerts BEN Hot Sheet
Price: $34.31 +1.00%

Rating Summary:
    5 Buy, 16 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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This morning, Bernstein initiated coverage on four Asset Management Companies including:

Franklin Resources (NYSE: BEN) which was started at 'Outperform'. Price target $140.

BlackRock (NYSE: BLK), Invesco (NYSE: IVZ) and T. Rowe Price (Nasdaq: TROW) were started at 'Market Perform'. Price targets were $205, $25 and $64, respectively.

Currently, BEN, IVZ & TROW are trading up less than one percent, however, BLK is trading lower.


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