Franklin Resources, Inc. (BEN) Downgraded by Deutsche Bank AG

Franklin Resources, Inc. (NYSE:BEN) was downgraded by stock analysts at Deutsche Bank AG from a “hold” rating to a “sell” rating in a report released on Tuesday.

BEN has been the subject of several other research reports. Barclays PLC reissued a “sell” rating and issued a $31.00 price target on shares of Franklin Resources in a research report on Tuesday, October 11th. Zacks Investment Research raised shares of Franklin Resources from a “sell” rating to a “hold” rating in a report on Friday, November 25th. Jefferies Group LLC raised their price objective on shares of Franklin Resources from $34.00 to $36.00 and gave the stock a “hold” rating in a report on Tuesday, October 11th. Credit Suisse Group reaffirmed a “sell” rating on shares of Franklin Resources in a report on Thursday, November 10th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Franklin Resources in a report on Thursday, January 12th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $37.28.




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