This Morning's Technical Outlook on Asset Management Stocks -- T.Rowe Price, Bank of New York Mellon, Blackstone, and Carlyle
NEW YORK, Feb. 5, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on TROW, BK, BX, and CG which can be accessed for free by signing up to www.wallstequities.com/registration. On Friday, benchmark US indices were in bearish colors as the NASDAQ Composite closed the trading session down 1.96%; the Dow Jones Industrial Average edged 2.54% lower; and the S&P 500 was down 2.12%. US markets made broad based losses with all sectors finishing the day in red. Pre-market today, WallStEquities.com reviews these four Asset Management stocks: T. Rowe Price Group Inc. (NASDAQ: TROW), The Bank of New York Mellon Corp. (NYSE: BK), The Blackstone Group L.P. (NYSE: BX), and The Carlyle Group L.P. (NASDAQ: CG). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
T.Rowe Price Group
Baltimore, Maryland-based T.Rowe Price Group Inc.'s stock finished Friday's session 2.02% lower at $109.89. A total volume of 2.27 million shares was traded, which was above its three months average volume of 1.46 million shares. The Company's shares have advanced 18.71% over the previous three months and 65.37% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.73% and 24.99%, respectively. Furthermore, shares of T.Rowe Price, which provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions, have a Relative Strength Index (RSI) of 43.92.
On January 09th, 2018, research firm UBS upgraded the Company's stock rating from 'Sell' to 'Neutral' while revising its previous target price from $75 a share to $110 a share. Get the full research report on TROW for free by clicking below at:
www.wallstequities.com/registration/?symbol=TROW
Bank of New York Mellon
Shares in New York headquartered The Bank of New York Mellon Corp. ended at $56.33, down 2.03% from the last trading session. The stock recorded a trading volume of 4.31 million shares. The Company's shares have gained 25.74% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.24% and 8.29%, respectively. Moreover, shares of the Company, which provides financial products and services to institutions, corporations, and high net worth individuals in the US and internationally, have an RSI of 49.11.
On January 19th, 2018, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. BK's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=BK
Blackstone Group
New York City-based The Blackstone Group L.P.'s stock ended last Friday's session 2.89% lower at $35.30 with a total trading volume of 8.40 million shares, which was above its three months average volume of 4.37 million shares. The Company's shares have advanced 14.65% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 6.15% and 7.86%, respectively. Additionally, shares of Blackstone, which provides financial advisory services to its clients, have an RSI of 54.52.
On January 12th, 2018, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Are you already registered with Wall St. Equities? Do so now for free, and get the report on BX at:
www.wallstequities.com/registration/?symbol=BX
Carlyle Group
On Friday, shares in Washington, District of Columbia-based The Carlyle Group L.P. recorded a trading volume of 709,929 shares. The stock finished the day 1.16% lower at $25.55. The Company's shares have advanced 15.61% in the previous three months and 53.41% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 11.23% and 21.67%, respectively. Furthermore, shares of The Carlyle, which specializes in direct and fund of fund investments in Fintech sector, have an RSI of 67.74. Aspiring Member, please take a moment to register below for your free research report on CG at:
www.wallstequities.com/registration/?symbol=CG
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