T Rowe Price Slumps as Analysts Weigh In on Financial Sector
T Rowe Price and Visa are two of the financial sector's top stocks, but analysts have differing opinions on their performance. T Rowe Price has a Moderate Sell consensus with a price target of $109.89, representing a -3.8% downside from its current price of $113.31.
Goldman Sachs analyst Alexander Blostein reiterated a Sell rating on the company yesterday and set a price target of $90.00. Blostein is a 5-star analyst with an average return of 18.3% and a 72.5% success rate, covering stocks such as Intercontinental Exchange and Victory Capital Holdings.
Barclays also maintained a Sell rating on the stock with a $103.00 price target, further supporting Blostein's opinion.
In contrast, Visa has a Strong Buy consensus with a price target of $422.78, implying a 16.9% upside from its current price of $365.28.
Truist Financial analyst Matthew Coad maintained a Buy rating on the company today, citing its strong performance in the Technology sector.