T. Rowe (TROW) Price Sees Modest Target Increase as Near-Term Pressures Persist

T. Rowe Price Group, Inc. (NASDAQ:TROW) is included among the Best Stocks for a Dividend Achievers List.

On December 17, Morgan Stanley raised its price target on T. Rowe Price Group, Inc. (NASDAQ:TROW) to $128 from $126 and maintained an Equal Weight rating on the stock. In a preview note, the analyst said client flows were weaker than expected in the fourth quarter. As a result, the firm lowered its Q4 flow estimate by 30 basis points. Morgan Stanley also reduced its Q4 earnings estimates by about 5% on average across the asset managers it covers. The update reflects near-term pressure rather than a shift in long-term views.

A few days earlier, on December 15, Goldman Sachs Asset Management and T. Rowe Price Group, Inc. (NASDAQ:TROW) announced the launch of co-branded model portfolios. This marks the first set of products to reach the market since the two firms revealed a strategic alliance in September. The new portfolios combine the firms’ respective investment capabilities. They are designed for advisors serving mass-affluent and high-net-worth clients, with an emphasis on diversified and scalable solutions.

Four of the model portfolios are now available on the GeoWealth platform, which supports registered investment advisors. Through GeoWealth’s technology, RIAs can deliver a broad range of portfolio options using mutual funds and ETFs. A fifth model portfolio is expected to launch in the first half of 2026. That offering is intended to support high-net-worth investors through flexible allocations that include direct indexing and evergreen alternative strategies.

T. Rowe Price Group, Inc. (NASDAQ:TROW) is a global investment management firm offering mutual funds, subadvisory services, separate accounts, and retirement solutions. Its clients include individuals, institutions, and financial intermediaries across multiple markets.

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