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Analysts Offer Insights on Financial Companies: Axis Capital (AXS) and Franklin Resources (BEN)

Tipranks - Tue Feb 3, 5:36AM CST

Analysts have been eager to weigh in on the Financial sector with new ratings on Axis Capital (AXSResearch Report) and Franklin Resources (BENResearch Report).

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Axis Capital (AXS)

In a report released today, Brian Meredith from UBS maintained a Buy rating on Axis Capital, with a price target of $129.00. The company’s shares closed last Friday at $103.18.

According to TipRanks.com, Meredith is a 5-star analyst with an average return of 12.3% and a 76.8% success rate. Meredith covers the Financial sector, focusing on stocks such as Fidelis Insurance Holdings Ltd., Marsh & McLennan Companies, and W. R. Berkley Corporation. ;'>

Currently, the analyst consensus on Axis Capital is a Strong Buy with an average price target of $123.33, implying a 18.3% upside from current levels. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a $114.00 price target.

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Franklin Resources (BEN)

Bank of America Securities analyst Craig Siegenthaler reiterated a Sell rating on Franklin Resources today and set a price target of $22.00. The company’s shares closed last Friday at $26.62, close to its 52-week high of $28.15.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 20.1% and a 62.8% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Intercontinental Exchange, and Apollo Global Management. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Franklin Resources with a $24.33 average price target, which is a -5.5% downside from current levels. In a report issued on January 29, Morgan Stanley also maintained a Sell rating on the stock with a $21.00 price target.

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