T. Rowe Price Group Inc (NDAQ:TROW) was downgraded by research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report issued on Friday.

T. Rowe Price Group (NDAQ:TROW) opened at 69.26 on Friday. T. Rowe Price Group has a 12-month low of $62.97 and a 12-month high of $79.00. The firm’s 50-day moving average is $70.19 and its 200-day moving average is $70.50. The stock has a market capitalization of $16.86 billion and a P/E ratio of 14.58.

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About T. Rowe Price Group

T. Rowe Price Group, Inc is a financial services holding company. The Company provides global investment management services through its subsidiaries to investors across the world. The Company provides an array of Company sponsored the United States mutual funds, other sponsored pooled investment vehicles, sub advisory services, separate account management, recordkeeping, and related services to individuals, advisors, institutions, financial intermediaries and retirement plan sponsors.

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