From Financial Modeling Prep: 2025-06-16 14:53:00

TD Cowen raised Franklin Resources’ price target to $28 with a Buy rating, citing improving fundamentals and favorable macro factors. Despite being the only firm with a Buy rating, TD Cowen remains bullish on stabilizing outflows from WAMCO. The report highlights multiple drivers of optimism, including net flows and fee rates, positioning Franklin as a standout in the industry. TD Cowen sees additional upside potential for the stock, potentially reaching $30, with a compelling risk-reward profile.



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