Federated Hermes, Inc. reports record assets under management with third quarter 2024 earnings

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Federated Hermes Inc. (FHI) PT Raised to $43 at Deutsche Bank

October 28, 2024 5:57 AM EDT

Deutsche Bank analyst Brian Bedell raised the price target on Federated Hermes Inc. (NYSE: FHI) to $43.00 (from $42.00) while maintaining a Buy rating.

The analyst comments "FHI reported 3Q24 EPS of $1.06 vs. $0.93 and DBe of $0.92. We view core EPS at ~$1.03 when considering a 3 cent tailwind from a... More