Franklin Templeton Analysts Boost Their Forecasts After Upbeat Q4 Results
Avi Kapoor 2 hours ago
MarketsTrading IdeasNewsAnalyst RatingsPrice TargetEarnings
Franklin Templeton beat Q4 estimates with EPS of $0.94 and sales of $2.435B. Shares rose 6.6%; analysts lifted price targets to $36-$44.
Franklin Templeton Inc. (NYSE:BEN) reported upbeat earnings for the fourth quarter on Friday.
The company posted quarterly earnings of 94 cents per share which beat the analyst consensus estimate of 77 cents per share. The company reported quarterly sales of $2.435 billion which beat the analyst consensus estimate of $1.861 billion.
“Franklin Templeton delivered strong fourth quarter and fiscal year 2026 results, reflecting the momentum across our business and continued execution of our strategy,” said Jenny Johnson, Chief Executive Officer of Franklin Templeton, Inc.
Franklin Templeton shares gained 6.6% to trade at $36.00 on Monday.
These analysts made changes to their price targets on Franklin Templeton following earnings announcement.
- Barclays analyst Benjamin Budish maintained the stock with an Equal-Weight rating and raised the price target from $34 to $36.
- TD Cowen analyst Bill Katz maintained the stock with a Buy and raised the price target from $38 to $44.
Considering buying BEN stock? Here’s what analysts think:
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