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

Franklin Resources Inc. (NYSE:BEN) is one of the best value stocks to invest in now. On October 2, BofA raised the firm’s price target on Franklin Resources to $22 from $19, while maintaining an Underperform rating on the shares. Given certain market sentiments, BofA increased price targets for all traditional asset managers under its coverage, which drove Q3 2025 and future EPS estimates higher.

In Q2 2025, Franklin Resources reported that the company’s diversified asset management platform ended the quarter with Assets Under Management/AUM totaling $1.54 trillion, which was a modest decrease from the prior quarter. The quarter was defined by long-term net outflows of $26.2 billion, which included $3.3 billion of reinvested distributions and were attributed to its subsidiary, Western Asset Management.

Fixed Income net outflows totaled $30.5 billion. However, excluding Western Asset Management’s impact, the overall financial results were resilient, with long-term net inflows of $7.4 billion and fixed income net inflows of $2.8 billion.

Franklin Resources Inc. (NYSE:BEN) is an asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships.

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Disclosure: None. This article is originally published at Insider Monkey.