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Argus Upgrades T. Rowe Price Group (NASDAQ:TROW) to Hold
Argus has upgraded T. Rowe Price Group (NASDAQ:TROW) to a “hold” rating. This upgrade comes amidst mixed signals from other analysts, with a consensus “Reduce” rating and a target price of $104.15. The company recently reported Q4 earnings that missed analyst estimates and experienced net outflows, though revenue was up 6.0% year-over-year.