MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 6, 2009 JPMorgan Analyst Bumps Up His Ratings on Franklin and T. Rowe JPMorgan analyst Ken Worthington upgraded Franklin Resources and T. Rowe Price and cut ratings on Eaton Vance and Federated Investors, Reuters reports. Worthington upped his rating on Franklin to "overweight," pointing to the large international business the firm is poised to gain from a weak dollar. He upgraded T. Rowe to "neutral," citing improved performance. Meanwhile, he downgraded Federated and Eaton Vance both by a notch to "underweight," noting the high fixed income concentration at Federated and the performance at some Eaton Vance funds. Printed from: MFWire.com/story.asp?s=21970 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |