Franklin Resources (BEN) has been the subject of several significant developments. The company embarked on a strategic partnership with Binance, initiating projects related to digital assets, an active step towards penetrating the burgeoning cryptocurrency market. Analysts from BMO Capital initiated coverage on Franklin Resources with an 'Outperform' rating multiple times. The company's Q4 and full-year 2025 financial results are scheduled for release in a live call. Franklin Resources rewarded shareholders by leveraging its cash reserves and saw asset growth in September. Amid these upbeat updates, there was a notable hiccup with the fallout from Western Asset affecting Q3 outcomes. Despite minor hiccups, Franklin Resources continues to appeal to passive income seekers owing to its consistent dividend history. Stocks of the company have been targeted by multiple finance firms such as Sound Income Strategies LLC, Patton Fund Management Inc., and Strs Ohio, evidencing the perceived value in the asset management giant. Interestingly, Franklin Resources completed the acquisition of Apera Asset Management, bolstering its portfolio. Franklin's successful digitization initiative in collaboration with Binance and ongoing market volatility provide a dynamic outlook for the company's future developments.
Franklin Resources BEN News Analytics from Wed, 27 Nov 2024 08:00:00 GMT to Sat, 04 Oct 2025 17:27:22 GMT -
Rating 5
- Innovation 0
- Information 8
- Rumor -3
