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BEN

Franklin Resources

$44.53

0.59 (1.34%)

09:59
01/13/18
01/13
09:59
01/13/18
09:59

Franklin may be 'a bargain' given potential return of cash, Barron's says

With the new tax law, Franklin Resources is likely to repatriate a significant amount of that cash and may distribute a chunk of it to shareholders, Andrew Bary writes in this week's edition of Barron's. Cash represents some 42% of Franklin's current share price of $44, and its real estate could be worth another $2-$3 a share, he adds. Reference Link

  • 30

    Jan

BEN Franklin Resources
$44.53

0.59 (1.34%)

03/17/17
03/17/17
NO CHANGE

Underweight
Morgan Stanley cuts T. Rowe, Franklin Resources to sell with fees seen at risk
As previously reported, Morgan Stanley analyst Michael Cyprys downgraded asset managers T. Rowe Price (TROW) and Franklin Resources (BEN), each to Underweight from Equal Weight, citing his belief that structural changes in the industry could compress traditional managers' fees by 10-15% over the next 3-5 years. Cyprys sees the gap between alternative and traditional asset managers as widening and increasingly prefers the alternative managers, which he sees having less exposure to disruption. The analyst, who also has Underweight ratings on Janus Capital (JNS) and Waddell & Reed (WDR), keeps Overweight ratings on only BlackRock (BLK) and Invesco (IVZ) among the asset managers he covers.
04/11/17
MSCO
04/11/17
NO CHANGE
MSCO
Consolidation wave approaching Asset Management industry, says Morgan Stanley
Morgan Stanley analyst Michael Cyprys sees multiple headwinds - including distribution challenges, intensifying fee pressure, new regulation, and a weak organic growth outlook for active management - facing Asset Managers and believes that while M&A may not solve the challenges it can help firms adapt to better navigate the shifting landscape. The analyst, who believes "this time is different," thinks scale can help and predicts a wave of large-scale consolidation is approaching for the industry. Brokers and Asset Managers covered by Morgan Stanley include WisdomTree (WETF), Waddell & Reed (WDR), T. Rowe Price (TROW), Franklin Resources (BEN), Janus Capital (JNS), BlackRock (BLK) and Invesco (IVZ).
07/24/17
WELS
07/24/17
DOWNGRADE
Target $50
WELS
Market Perform
Franklin Resources downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Christopher Harris downgraded Franklin Resources to Market Perform saying the "easy money" has already been made as the rate of flow improvement will slow. Further, the analyst believes the current valuation already reflects some of the potential tax reform catalyst. Harris keeps a $50 price target for the shares.
09/08/17
LEHM
09/08/17
INITIATION
Target $40
LEHM
Underweight
Franklin Resources initiated with an Underweight at Barclays
Barclays analyst Jeremy Campbell started Franklin Resources with an Underweight rating and $40 price target. The analyst initiated U.S. Brokers, Asset Managers & Exchanges with a Neutral industry view.

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

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10:17
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NASDAQ market internals summary »

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$NYE

NYSE Market Internals

10:16
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NYSE market internals summary »

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AMZN

Amazon.com

$1,295.00

-9.86 (-0.76%)

10:16
01/18/18
01/18
10:16
01/18/18
10:16
Hot Stocks
Amazon names 20 finalists in race for second headquarters »

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10:15
01/18/18
01/18
10:15
01/18/18
10:15
General news
Breaking General news story  »

Week of 1/12 EIA Natural…

TLT

iShares 20+ Year Treasury Bond Fund

$124.87

-0.17 (-0.14%)

10:10
01/18/18
01/18
10:10
01/18/18
10:10
Options
Defensive option play in iShares Longer-term Bond Fund »

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10:10
01/18/18
01/18
10:10
01/18/18
10:10
General news
Treasury Option Action: heavy call positioning »

Treasury Option Action:…

LGF.A

Lionsgate

$33.69

1.41 (4.37%)

, CBS

CBS

$59.73

0.83 (1.41%)

10:05
01/18/18
01/18
10:05
01/18/18
10:05
Hot Stocks
Lionsgate jumps after report on potential takeover interest »

Shares of Lionsgate…

LGF.A

Lionsgate

$33.69

1.41 (4.37%)

CBS

CBS

$59.73

0.83 (1.41%)

CBS.A

$59.79

0.75 (1.27%)

VIA

Viacom

$37.85

0.95 (2.57%)

VIAB

Viacom

$31.96

0.58 (1.85%)

AMZN

Amazon.com

$1,295.00

-9.86 (-0.76%)

VZ

Verizon

$52.68

0.955 (1.85%)

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    Mar

ADM

Archer Daniels

$40.66

-0.25 (-0.61%)

10:04
01/18/18
01/18
10:04
01/18/18
10:04
Hot Stocks
Archer Daniels, Vland enter development agreement for feed enzyme technology »

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  • 06

    Feb

TIVO

TiVo

$14.50

0.1 (0.69%)

, GOOG

Alphabet

$1,131.98

10.22 (0.91%)

10:04
01/18/18
01/18
10:04
01/18/18
10:04
Recommendations
TiVo, Alphabet, Alphabet Class A analyst commentary  »

TiVo in 'great…

TIVO

TiVo

$14.50

0.1 (0.69%)

GOOG

Alphabet

$1,131.98

10.22 (0.91%)

GOOGL

Alphabet Class A

$1,139.10

8.4 (0.74%)

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  • 18

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  • 07

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  • 18

    Mar

TEVA

Teva

$20.63

-0.85 (-3.96%)

, MYL

Mylan

$46.78

0.14 (0.30%)

10:03
01/18/18
01/18
10:03
01/18/18
10:03
Periodicals
Hospitals plan nonprofit generic drug company, NY Times says »

Some of the…

TEVA

Teva

$20.63

-0.85 (-3.96%)

MYL

Mylan

$46.78

0.14 (0.30%)

ENDP

Endo

$7.69

-0.32 (-4.00%)

NVS

Novartis

$86.53

-0.35 (-0.40%)

03/08/13
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  • 18

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    May

CMTL

Comtech

$21.69

0.29 (1.36%)

10:01
01/18/18
01/18
10:01
01/18/18
10:01
Hot Stocks
Comtech receives $3.8M of orders from Middle East service provider »

Comtech announced that…

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MARA

Marathon Patent Group

$3.47

-0.12 (-3.34%)

10:00
01/18/18
01/18
10:00
01/18/18
10:00
Options
Marathon Patent calls active as shares rally »

Marathon Patent calls…

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10:00
01/18/18
01/18
10:00
01/18/18
10:00
General news
U.S. corporate bond update: a number of deals are slated »

U.S. corporate bond…

ONCS

OncoSec

$1.85

0.02 (1.09%)

09:58
01/18/18
01/18
09:58
01/18/18
09:58
Periodicals
OncoSec TBNC news 'interesting,' but 'hard to interpret,' says Feuerstein »

Adam Feuerstein of STAT…

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AES

AES Corp.

$11.61

0.89 (8.30%)

, WYN

Wyndham

$123.46

6.33 (5.40%)

09:55
01/18/18
01/18
09:55
01/18/18
09:55
Options
Early notable gainers among liquid option names on January 18th »

Notable gainers among…

AES

AES Corp.

$11.61

0.89 (8.30%)

WYN

Wyndham

$123.46

6.33 (5.40%)

MTB

M&T Bank

$186.65

7.435 (4.15%)

PPG

PPG

$119.61

5.11 (4.46%)

RL

Ralph Lauren

$109.34

3.285 (3.10%)

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  • 18

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JLL

Jones Lang LaSalle

$152.68

-1.09 (-0.71%)

09:55
01/18/18
01/18
09:55
01/18/18
09:55
Conference/Events
House Transportation and Infrastructure Committee holds a hearing »

The Subcommittee on Water…

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  • 18

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XLE

Energy Select Sector SPDR

$76.77

-0.34 (-0.44%)

, XLV

Health Care Select Sector SPDR

$88.01

-0.08 (-0.09%)

09:52
01/18/18
01/18
09:52
01/18/18
09:52
Technical Analysis
Technical Take: S&P 500 flat, sector breadth mixed »

The S&P 500 (SPX) was…

XLE

Energy Select Sector SPDR

$76.77

-0.34 (-0.44%)

XLV

Health Care Select Sector SPDR

$88.01

-0.08 (-0.09%)

XLK

Technology Select Sector SPDR

$67.70

0.15 (0.22%)

XLI

Industrial Select Sector SPDR

$80.04

0.145 (0.18%)

SPY

SPDR S&P 500 ETF Trust

$279.69

0.08 (0.03%)

SPX

S&P 500

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JXSB

Jacksonville Bancorp

09:50
01/18/18
01/18
09:50
01/18/18
09:50
Hot Stocks
Breaking Hot Stocks news story on Jacksonville Bancorp »

Jacksonville Bancorp…

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CMCSA

Comcast

$41.68

-0.14 (-0.33%)

09:48
01/18/18
01/18
09:48
01/18/18
09:48
Recommendations
Comcast analyst commentary  »

Comcast price target…

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  • 18

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PTC

PTC

$66.70

1.41 (2.16%)

09:46
01/18/18
01/18
09:46
01/18/18
09:46
Recommendations
PTC analyst commentary  »

PTC price target raised…

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VFC

VF Corp.

$78.40

0.26 (0.33%)

09:46
01/18/18
01/18
09:46
01/18/18
09:46
Hot Stocks
VF Corp. to open distribution center in Jonestown, PA, create 175 new jobs »

VF Corporation announced…

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09:45
01/18/18
01/18
09:45
01/18/18
09:45
General news
The U.S. housing starts report undershot estimates »

The U.S. housing starts…

KR

Kroger

09:43
01/18/18
01/18
09:43
01/18/18
09:43
Hot Stocks
Kroger investing $500M in human capital over next three years »

The Kroger Co announced…

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HEI

Heico

$96.89

19.378 (25.00%)

, HEI.A

HEICO

$79.40

15.88 (25.00%)

09:42
01/18/18
01/18
09:42
01/18/18
09:42
Hot Stocks
HEICO share prices adjusted for stock split »

HEICO Corporation…

HEI

Heico

$96.89

19.378 (25.00%)

HEI.A

HEICO

$79.40

15.88 (25.00%)

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09:41
01/18/18
01/18
09:41
01/18/18
09:41
General news
Stocks pause after yesterday's rally, open little changed »

Stocks opened little…

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