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

Shares of T. Rowe Price Group (NDAQ:TROW) opened at 69.26 on Friday. The firm has a market cap of $16.86 billion and a PE ratio of 14.58. T. Rowe Price Group has a 52 week low of $62.97 and a 52 week high of $79.00. The firm has a 50-day moving average of $70.19 and a 200-day moving average of $70.50.

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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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