The major news revolve around the performance, developments, and recent valuation of Franklin Resources (BEN). The asset management firm's valuation has been under review after recent share price fluctuations. Meanwhile, Barclays has consistently maintained their underweight recommendation and sell rating, even lowering their price target. Despite this, Franklin Resources continues to attract attention for its long-standing reliability and dividend returns. It also outshines its finance peers in stock performance.
New active international equity ETFs, PGRI and TINS, have been launched by Franklin Templeton. BofA also raised their price target keeping an underperform rating. Franklin has also developed strategically, entering a partnership with Binance to create digital asset projects.
Alternatives AUM rose after the acquisition of Apera. Meanwhile, BMO initiated coverage with an outperform rating, aligning with Goldman Sachs' upgrade to a buy rating. However, the company struggled with Q3 earnings and there's anticipation over Q4 and Fiscal Year 2025 results. A 5.7% stock retreat has caused some concern, but insiders showed bullish sentiment by loading up on stock. Overall, Franklin Resources stays strong amidst market challenges.
Franklin Resources BEN News Analytics from Mon, 13 Jan 2025 08:00:00 GMT to Fri, 24 Oct 2025 08:57:33 GMT - Rating 1 - Innovation 3 - Information 5 - Rumor -2
