07:55 AM EDT, 08/08/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $4 to $26, valuing BEN shares at 10.8x our FY 26 (Sep.) adjusted EPS estimate of $2.40 (up from $2.37), versus the shares' one-year average forward multiple of 9.3x and the 10.7x forward average multiple of BEN's closest asset management peers. We lift our FY 25 EPS estimate by $0.03 to $2.10. BEN reported Jun-Q adjusted EPS of $0.49 versus $0.60 a year ago, compared to the consensus estimate of $0.50 and our forecast of $0.48. Operating revenues fell 3% Y/Y, lagging our forecast of modest revenue growth, while operating margins contracted to 7.5% from 10.5% on flat operating expenses. Assets under management declined to $1.61T from $1.65T, reflecting net long-term outflows of $9.2B versus $3.2B a year ago, with Western Asset experiencing $17.1B of outflows amid ongoing legal issues. We think the shares (currently yielding 5%) are fairly valued at current levels, particularly in light of the firm's elevated level of asset outflows.