These Analysts Revise Their Forecasts On T. Rowe Price Following Q2 Earnings

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These Analysts Revise Their Forecasts On T. Rowe Price Following Q2 Earnings

Benzinga Earnings08-03 22:23

T Rowe Price Group Inc (NASDAQ:TROW) on Friday reported upbeat second-quarter financial results.

T. Rowe Price reported quarterly earnings of $2.57 per share which beat the analyst consensus estimate of $2.50 per share. The company reported quarterly sales of $1.907 billion which beat the analyst consensus estimate of $1.882 billion.

T. Rowe Price shares gained 1.1% to trade at $112.93 on Monday.

These analysts made changes to their price targets on T. Rowe Price following earnings announcement.

Barclays analyst Benjamin Budish maintained the stock with an Underweight rating and lowered the price target from $108 to $103.
BMO Capital analyst Brennan Hawken maintained the stock with a Market Perform and raised the price target from $110 to $120.

Considering buying TROW stock? Here’s what analysts think:

Photo via Shutterstock

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Rowe Price following earnings announcement.</p>\n<ul>\n<li>Barclays analyst Benjamin Budish maintained the stock with an Underweight rating and lowered the price target from $108 to $103.</li>\n<li>BMO Capital analyst Brennan Hawken maintained the stock with a Market Perform and raised the price target from $110 to $120.</li>\n</ul>\n<p><strong>Considering buying TROW stock? 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Rowe Price following earnings announcement.\n\nBarclays analyst Benjamin Budish maintained the stock with an Underweight rating and lowered the price target from $108 to $103.\nBMO Capital analyst Brennan Hawken maintained the stock with a Market Perform and raised the price target from $110 to $120.\n\nConsidering buying TROW stock? Here’s what analysts think:\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}