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Jefferies lowered T. Rowe Price's target to $91 while maintaining a hold rating.
Investment firm Jefferies lowered its price target for T. Rowe Price Group to $91, maintaining a hold rating.
The move follows the asset manager's earnings report showing revenue of $1.93 billion, up 6.0% year-over-year.
Despite the revenue growth, shares are down slightly due to analyst downgrades and a general cautious outlook on the stock.
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Jefferies bajó el objetivo de T. Rowe Price a $91 mientras mantenía un rating de retención.