Evercore Reiterates Sell on Franklin Resources (BEN) Amid Mixed Ratings

Core Viewpoint - Franklin Resources, Inc. (NYSE:BEN) is experiencing mixed analyst ratings, with Evercore maintaining a Sell rating and a price target of $28, while TD Cowen holds a Buy rating with a price target of $36 [1]. Group 1: Analyst Ratings - Evercore ISI analyst Glenn Schorr reiterated a Sell rating on Franklin Resources on February 5, 2026, with a price target of $28 [1]. - TD Cowen analyst William Katz maintained a Buy rating on the same day, setting a price target of $36 [1]. - Morgan Stanley reaffirmed an Underweight rating on February 3, 2026, but raised the price target from $21 to $22 [3]. Group 2: Assets Under Management - As of January 31, 2026, Franklin Resources reported preliminary month-end assets under management (AUM) of $1.71 trillion, reflecting a $0.03 million increase from December 31, 2025 [2]. - The increase in AUM was attributed to favorable market conditions and $1.5 billion in long-term net inflows, offset by a $1.5 billion outflow from Western Asset Management [2]. Group 3: Company Overview - Franklin Resources, Inc. is a global investment management firm founded in 1947, headquartered in California, offering a range of products including mutual funds and institutional accounts [3].