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Analysts raised their predictions for Franklin Templeton after the company reported earnings of 94 cents per share and $2.435 billion in sales.

ResultsRead the original at Benzinga
Good for BEN

Franklin Templeton beat estimates for both quarterly earnings and sales, and analysts raised their price targets. Barclays kept an Equal-Weight rating, but the double beat and higher targets point to a stronger outlook.

BEN · Franklin Templeton Inc.

AI read · Good for BEN

The AI's read

Beating estimates on both profit per share and sales suggests the quarter was stronger than analysts expected. Both firms lifted their price targets. Barclays kept its Equal-Weight rating, which tempers the signal, but the broad results and target increases favor a stronger outlook.

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