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Franklin Resources (BEN) PT Lowered to $26 at BMO Capital

July 26, 2024 2:12 PM EDT

BMO Capital analyst Etienne Ricard lowered the price target on Franklin Resources (NYSE: BEN) to $26.00 (from $27.00) while maintaining a Market Perform rating.

The analyst comments "Heading into fiscal 2025, BEN has yet to experience a sustained return to positive net flows. Layering in... More