T. Rowe Price Faces 'Uncertain' Growth Prospects, UBS Says
MT newswire2026/10/07 16:5412:54 PM EDT, 10/07/2026 (MT Newswires) -- T. Rowe Price (TROW) is navigating uneven slopes as prior heights remain in the distance, UBS said in a Tuesday report. The report said retirement franchise remains a key strength, with about 65% of assets under management. While newer growth areas such as ETFs and alternatives are expanding, they are too small to offset pressure in the legacy mutual fund business, the report said. Continued organic outflows are expected through 2030, which will drive a gradual EPS decline, the note said, adding that flow trends have improved, but there remain doubts whether it can return to sustainably positive organic growth. "Although investment performance has improved and several growth franchises are gaining traction, the scale of outflows in legacy products outweighs newer inflowing businesses," it said. UBS assumed coverage of the stock with a neutral rating and a price target of $107, citing "uncertain" growth outlook. Price: 103.87, Change: +0.27, Percent Change: +0.26
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SNT Holdings, Related Party Raise Combined Stake in SNTEnergy to 55.75% From 52.75%
Cold wave and rising fuel costs drive electricity prices in northeastern Japan and Tokyo to a four-year high
Japan's spot electricity prices surged to multi-year highs over the weekend.
Google (GOOGL.US) warns that new Australian cybersecurity regulations may cut off minors' access to Gmail
Google stated that a new cybersecurity bill in Australia could prevent minors from using Gmail.
Canaccord Genuity: Lowers Oklo's target price to $66
Crypto prices
More
