Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Federated, Franklin and T. Rowe Stock Score Upgrades Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 27, 2008

Federated, Franklin and T. Rowe Stock Score Upgrades

by: Armie Margaret Lee

Three fund firms saw their stock upgraded by analysts on Monday.

JPMorgan Chase & Co. analyst Kenneth Worthington bumped up Federated Investors' stock from "neutral" to "overweight," calling the Pittsburgh company "the most defensive of the asset managers," the Associated Press reports.

Worthington sees the firm benefiting as investors turn to money market funds for refuge as they flee stocks.

"Given the significant deterioration in the equity markets, we see Federated's heavy earnings contributions from money funds and fixed income products as making Federated the most defensive of the asset managers," he said.

Also getting a lift Monday were Franklin, whose stock was upgraded by Keefe, Bruyette & Woods from "market perform" to "outperform" and T. Rowe, whose stock got the same treatment from both Keefe Bruyette and Wachovia

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use