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Fly News Breaks for October 9, 2015
BEN
Oct 9, 2015 | 07:37 EDT
Deutsche Bank analyst Brian Bedell downgraded Franklin Resources to Hold citing a lack of near-term positive catalysts amid worse outflows for Q3. The analyst expects Franklin's relative fund returns to slip further versus peers in Q3 and he lowered his price target for shares to $40 from $44.
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