Franklin Resources (NYSE:BEN) Receives 'Buy' Rating Amid Strong AUM Growth and New ETF Launch
Analyst firm Cowen & Co. reaffirmed its "Buy" rating for Franklin Resources (NYSE:BEN), signaling strong confidence in the global investment management firm's future performance. The company reported robust growth in Assets Under Management (AUM), increasing by 1.9% to $1.78 trillion in May 2026, driven by positive market performance and $4 billion in new client investments. Franklin Resources expanded its offerings with the launch of the Franklin BSP CLO ETF (YCLO), coinciding with a significant stock pri ...