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Franklin Resources BEN - News Analyzed: 4,070 - Last Week: 98 - Last Month: 396

↓ Franklin Resources BEN: Navigating Turbulent Waters Amidst Regulatory Scrutiny and Performance Challenges

Franklin Resources BEN: Navigating Turbulent Waters Amidst Regulatory Scrutiny and Performance Challenges

Franklin Resources, Inc. (BEN) investors are keen to assess the company's performance amidst various challenges and ongoing investigations. The company faced significant loss when a Commodity Futures Trading Commission (CFTC) investigation was announced and has been urged to contact BFA law. In light of a securities class action investigation, Rosen Law Firm is encouraging Franklin Resource investors to reach out. Not good news, the stock underperformed on a recent Friday compared to its competitors and suffered a drop in share price due to Wamco's $53 Billion outflows and the CFTC probe. Nonetheless, financial analysts are still divided over the company's outlook, with a recent consensus rating being to 'Reduce'.

A worry for shareholders as Franklin's Q4 earnings miss estimates and the announcement of shuttering its $2 billion fund. Despite these challenges, the company is still seen as an oversold large-cap stock to buy now. There were also concerns raised when the stock fell 13% in one day and when large volumes of put options were purchased. Moreover, the company has received a boost as Wells Fargo increased its price target for the company to $19.50. However, Franklin Resources is far from out of the woods as the company continues to face regulatory scrutiny and the potential for further erosion of investor confidence.

Franklin Resources BEN News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 09 Nov 2024 11:30:39 GMT - Rating -7 - Innovation -5 - Information 8 - Rumor -3

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