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Stock Market & Financial Investment News

News Breaks
June 26, 2014
08:14 EDTBENFranklin Resources fundamentals appear to be improving, says Wells Fargo
After meeting with Franklin Resources' senior management, Wells Fargo says that the company's fixed income platform appears to be stabilizing, while its equity business is showing strength. The firm says that the company appears open to making its share buyback plan more aggressive. It keeps an Outperform rating on the shares.
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November 21, 2014
08:53 EDTBENFranklin Resources downgraded at Bernstein
As noted earlier, Bernstein downgraded Franklin Resources to Market Perform from Outperform. As reasons for the downgrade, the firm cited slowing fundamental momentum and lack of visibility and catalysts. Target to $60 from $65.
November 20, 2014
16:09 EDTBENFranklin Resources downgraded to Market Perform from Outperform at Bernstein
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