Goldman Sachs Downgrades T. Rowe Price (TROW) to Neutral
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Price: $110.56 -0.66%
Rating Summary:
3 Buy, 15 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 15 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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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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