T. Rowe Price Group (TROW) Tops Q3 EPS by 25c
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T. Rowe Price (TROW) PT Raised to $115 at Deutsche Bank
November 4, 2024 5:11 AM ESTDeutsche Bank analyst Brian Bedell raised the price target on T. Rowe Price (NASDAQ: TROW) to $115.00 (from $113.00) while maintaining a Hold rating.
The analyst comments "TROW reported 3Q24 non-GAAP EPS of $2.57 vs. $2.38 Cons & our $2.27 est. GAAP EPS was $2.64 including acquisition-related charges and other notable items. We view core adjusted EPS at $2.53 factoring in a 4 cent tailwind from a lower-thanexpected tax rate. Please see our 3Q24 Initial Thoughts for more on reported... More
