Financial institutions see shifts in analyst price targets

Several major financial institutions have seen adjustments to their stock price targets by analysts. Morgan Stanley raised its price target for JPMorgan Chase & Co. from $370.00 to $377.00, maintaining an “equal weight” rating.

In the asset management sector, TD Cowen increased its price target for BlackRock from $1,190.00 to $1,212.00, while maintaining a “hold” rating. Conversely, TD Cowen issued a more pessimistic forecast for Franklin Resources, reducing its price objective from $40.00 to $38.00, though the firm maintains a “buy” rating on the stock.