T. Rowe Price Group (TROW) Acquires Oak Hill Advisors for $4.2B in Cash and Stock

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Go back to T. Rowe Price Group (TROW) Acquires Oak Hill Advisors for $4.2B in Cash and Stock

T. Rowe Price (TROW) PT Raised to $245 at Jefferies

October 29, 2021 8:04 AM EDT

Jefferies analyst David Fannon raised the price target on T. Rowe Price (NASDAQ: TROW) to $245.00 (from $227.00) while maintaining a Buy rating.

The analyst commented, "Following 3Q21 results and the announced acquisition of OHA, our 2022 EPS estimates increase from $13.35 to $13.60. In terms of the... More