Goldman Sachs Downgrades T. Rowe Price (TROW) to Neutral
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Price: $103.45 +0.15%
Rating Summary:
3 Buy, 16 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 11 | New: 48
Rating Summary:
3 Buy, 16 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 11 | New: 48
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Goldman Sachs downgraded T. Rowe Price (NASDAQ: TROW) from Buy to Neutral with a $70 price target.
The firm states, "Performance and flows are solid, but with 75% of AUM in EQ, less robust assumptions for market performance, and a lumpier path of organic growth, we prefer less equity exposure and look for better risk/rewards."
For more ratings news on T. Rowe Price click here and for the rating history of T. Rowe Price click here.
Shares of T. Rowe Price closed at $63.30 yesterday.
The firm states, "Performance and flows are solid, but with 75% of AUM in EQ, less robust assumptions for market performance, and a lumpier path of organic growth, we prefer less equity exposure and look for better risk/rewards."
For more ratings news on T. Rowe Price click here and for the rating history of T. Rowe Price click here.
Shares of T. Rowe Price closed at $63.30 yesterday.
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