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Fly News Breaks for November 10, 2016
TROW
Nov 10, 2016 | 05:43 EDT
UBS analyst Brennan Hawken upgraded T. Rowe Price to Buy saying the U.S. election has increased the likelihood of a delay or repeal of the Department of Labor's fiduciary rule. The analyst expects some of the pressure on T. Rowe's multiple and earnings outlook to moderate. He raised his price target for the shares to $82 from $66.
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