Barclays kept an equal-weight on Franklin Resources (NYSE:BEN) but raised its price target to $34 as Franklin set monthly estimated distributions of $0.0425 for July–Sept 2026 for its Franklin Universal Trust, with ex-dividend dates in late July–September and tax details on the 1099-DIV.
Previous Week Recap
- Barclays Upholds BEN With Higher PT: Barclays kept equal-weight on Franklin Resources (BEN) and raised its price target to $34 from $31, updating its valuation while leaving the recommendation unchanged.
- Franklin Resources BEN Distributions Set: Franklin Resources (BEN) set monthly estimated distributions of $0.0425 for July, Aug, Sept 2026 for Franklin Universal Trust; ex-dividend dates 7/24, 8/24, 9/23; tax/source details on 1099-DIV.
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