T Rowe's quarterly profit beats estimates on tailwinds from market rally

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T. Rowe Price (TROW) PT Lowered to $107 at Evercore ISI

April 30, 2024 4:59 AM EDT

Evercore ISI analyst Glenn Schorr lowered the price target on T. Rowe Price (NASDAQ: TROW) to $107.00 (from $110.00) while maintaining a In Line rating.

The analyst comments "For TROW, 1Q24 was an early proof-point for mgmts suggestion that there should be substantial flow improvement this... More