BofA Raises Franklin Resources (BEN) PT to $22, Keeps Underperform Rating

Core Insights - Franklin Resources Inc. is identified as one of the best value stocks to invest in currently, with BofA raising its price target to $22 from $19 while maintaining an Underperform rating [1] Group 1: Financial Performance - In Q2 2025, Franklin Resources reported Assets Under Management (AUM) of $1.54 trillion, reflecting a modest decrease from the previous quarter [2] - The company experienced long-term net outflows of $26.2 billion during the quarter, which included $3.3 billion of reinvested distributions attributed to its subsidiary, Western Asset Management [2] - Fixed Income net outflows totaled $30.5 billion; however, excluding the impact of Western Asset Management, the overall financial results showed resilience with long-term net inflows of $7.4 billion and fixed income net inflows of $2.8 billion [3] Group 2: Company Overview - Franklin Resources Inc. operates as an asset management holding company, providing services to individuals, institutions, pension plans, trusts, and partnerships through its subsidiaries [4] Group 3: Market Sentiment - BofA's decision to increase price targets for all traditional asset managers under its coverage has positively influenced Q3 2025 and future EPS estimates [1]