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Fly News Breaks for April 1, 2019
TROW
Apr 1, 2019 | 08:41 EDT
Jefferies analyst Daniel Fannon raised his price target for T. Rowe Price to $119 from $103 and keeps a Buy rating on the shares after spending time with management. With normal seasonality as a tailwind, T. Rowe appears on track to generate industry leading organic growth in Q1, Fannon tells investors in a research note. The company's "differentiated investment performance across all relevant time periods continues to distinguish it from the peer group," adds the analyst.
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