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Fly News Breaks for November 10, 2016
BEN
Nov 10, 2016 | 07:21 EDT
Deutsche Bank analyst Brian Bedell downgraded Franklin Resources to Sell and raised his price target for the shares to $35 from $30. After Trump's presidential win, it is not clear the Department of Labor rule will be revoked and the secular trend toward passive investing will continue regardless, Bedell tells investors in a research note. UBS this morning upgraded Franklin Resources to Neutral.
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