.September 11, 2024 at 7:16:25 PM

Wells Fargo recently downgraded T. Rowe Price Group, Inc. (NASDAQ:TROW) to Equal-Weight from Overweight on September 11, 2024. Despite a year-to-date price decrease of -3.85%, T. Rowe Price’s commitment to dividends remains strong, making it an attractive option for income investors. With a market capitalization of approximately $23.17 billion, T. Rowe Price’s stock volatility and trading volume of 1,264,244 shares highlight its significant presence on the NASDAQ exchange. The company’s focus on dividends and financial metrics position it as a reliable choice for those seeking steady income from their investments.