Goldman Sachs Upgrades Federated Investors (FII) to Neutral
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Price: $36.23 --0%
Rating Summary:
4 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
4 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs upgraded Federated Investors (NYSE: FII) from Sell to Neutral with a price target of $17 (down from $18).
Goldman said rate risks are now priced in. In addition, the asset base "should prove more stable in a "loss averse" world (leading to a lower earnings risk profile), and recent flows/performance are also encouraging."
For more ratings news on Federated Investors click here and for the rating history of Federated Investors click here.
Shares of Federated Investors closed at $17.95 yesterday.
Goldman said rate risks are now priced in. In addition, the asset base "should prove more stable in a "loss averse" world (leading to a lower earnings risk profile), and recent flows/performance are also encouraging."
For more ratings news on Federated Investors click here and for the rating history of Federated Investors click here.
Shares of Federated Investors closed at $17.95 yesterday.
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