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Autonomous Research Adjusts T. Rowe Price Group PT to $83 From $87, Maintains Underperform Rating
Autonomous Research has revised its price target for T. Rowe Price Group (TROW) to $83, down from $87, while maintaining an “Underperform” rating on the stock. This adjustment reflects a moderated outlook on the investment management company’s future performance. The article also touches upon a recent increase in T. Rowe Price’s stake in Brazil’s Vivara.