TD Cowen Cuts Price Targets for AllianceBernstein, Franklin Templeton and Invesco
TD Cowen lowered its price targets for AllianceBernstein, Franklin Templeton and Invesco, according to Newsmetry API citing ratings data from Benzinga.
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what happened
TD Cowen reduced its price target for AllianceBernstein Holding to $36.00 per share from $38.00. Newsmetry API reported the change, citing ratings actions published by Benzinga.
The target for Franklin Templeton was lowered to $38.00 per share from $40.00, while Invesco’s target was cut to $38.00 from $39.00. All three actions were published on October 12, 2026.
The companies are identified by the tickers AB, BEN and IVZ, respectively. The reports do not specify whether TD Cowen also changed its analyst ratings on the stocks.
why it matters
Lower price targets signal a reassessment by TD Cowen of three asset managers. Such actions can affect how investors view the shares, although they do not by themselves represent a change in recommendation or the companies’ actual value.
instruments
sources
- AllianceBernstein Holding Price Target Cut to $36.00/Share From $38.00 by TD Cowen — Newsmetry API, 12 October 2026 at 15:45 UTC
- Franklin Templeton Price Target Cut to $38.00/Share From $40.00 by TD Cowen — Newsmetry API, 12 October 2026 at 15:55 UTC
- Invesco Price Target Cut to $38.00/Share From $39.00 by TD Cowen — Newsmetry API, 12 October 2026 at 16:43 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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