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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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.