GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Franklin Resources, Inc. (BEN) [hlAlert]

Rating:
Overweight
BEN
up 46.91 %

Franklin Resources, Inc. (BEN) upgraded to Overweight by JP Morgan

Posted on: Monday,  Jul 6, 2009  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Franklin Resources, Inc. (NYSE: BEN) on 07/06/2009. Previously JP Morgan rated Underweight Franklin Resources, Inc. (NYSE: BEN) on
04/18/2008., when the stock price was $33.87. Since then, Franklin Resources, Inc. has lost 31.93% as of 07/06/2009's recent price of $23.06.
If you would have followed the previous JP Morgan's recommendation on BEN, you would have gained 46.91% of your investment in 444 days.

Franklin Resources, Inc. (Franklin) is an investment management company. The Company is a holding company that, together with its various subsidiaries (collectively, the Company), is referred to as Franklin Templeton Investments, a global investment management organization offering investment choices under the Franklin, Templeton, Mutual Series, Bissett, Fiduciary and Darby brand names. In its primary business and operating segment, investment management and related services, it provides services to investment funds and institutional, high net-worth and separately managed accounts (collectively, its sponsored investment products) in the United States and internationally. In its secondary business and operating segment, banking/finance, it provides clients with select retail banking, private banking and consumer lending services through its bank subsidiaries.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/6/2009 8:25 AM Buy
None
23.06
as of 12/31/2009
1 Week up  12.33 %
1 Month up  9.62 %
3 Months up  17.72 %
1 YTD up  59.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/18/2008 8:25 AM Sell
None
33.87
11/14/2007 9:25 AM Hold
None
40.77

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy