T. Rowe Price Group Inc
TROW: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$654.00 | Ztkdqy | Dqrsmskzb |
T. Rowe Price Earnings: Better Than Expected Results Offset by Dour Near-Term Flow Forecasts
While there was little in wide-moat-rated T. Rowe Price's third-quarter results that would alter our long-term view of the firm, we expect to lower our $110 per share fair value estimate 5%-10% to account for the impact that continued equity and credit market headwinds will have on results in both the near and long term.