Evercore ISI has lowered its price target for T. Rowe Price Group (TROW) to $106 from $116, maintaining an “In Line” rating. The firm cited equity outflows as a significant concern, despite T. Rowe Price reporting $1.78 trillion in assets under management by the end of 2025 and continued strategic progress, including new ETFs and partnerships.
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Evercore ISI Cuts T. Rowe (TROW) Price Target to $106, Flags Equity Outflows as Key Concern
Evercore ISI has lowered its price target for T. Rowe Price Group (TROW) to $106 from $116, maintaining an “In Line” rating. The firm cited equity outflows as a significant concern, despite T. Rowe Price reporting $1.78 trillion in assets under management by the end of 2025 and continued strategic progress, including new ETFs and partnerships.