T Rowe Price Group Inc (NASDAQ:TROW) on Friday reported upbeat second-quarter financial results.

T. Rowe Price reported quarterly earnings of $2.57 per share which beat the analyst consensus estimate of $2.50 per share. The company reported quarterly sales of $1.907 billion which beat the analyst consensus estimate of $1.882 billion.

T. Rowe Price shares gained 1.1% to trade at $112.93 on Monday.

These analysts made changes to their price targets on T. Rowe Price following earnings announcement.

• Barclays analyst Benjamin Budish maintained the stock with an Underweight rating and lowered the price target from $108 to $103.
• BMO Capital analyst Brennan Hawken maintained the stock with a Market Perform and raised the price target from $110 to $120.

Considering buying TROW stock? Here’s what analysts think:

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