Federated Hermes (FHI) News Today

Federated Hermes, Inc. (NYSE:FHI) shares have been under pressure recently but are seeing renewed interest following a string of analyst actions. Multiple firms have raised their price targets and ratings, driving the stock to fresh highs.

• Positive Sentiment: Evercore ISI raised its price target on FHI to $48.00 and maintained an “outperform” rating.Evercore ISI Raises Federated Hermes Price Target
• Positive Sentiment: JPMorgan upgraded FHI from “underweight” to “neutral,” lifting its target to $54.00.Federated Hermes Upgraded to Neutral at JPMorgan
• Positive Sentiment: Shares hit a new 12-month high following the recent analyst upgrade wave.Federated Hermes Hits New 1-Year High on Analyst Upgrade
• Positive Sentiment: Zacks highlighted FHI as a strong momentum stock, citing favorable style scores.Here's Why Federated Hermes is a Strong Momentum Stock
• Neutral Sentiment: Analysts offered varied takes in a Benzinga roundup, reflecting mixed long-term views.The Analyst Verdict: Federated Hermes In The Eyes Of 4 Experts
• Neutral Sentiment: Analysts’ consensus price target stands at $42.50, below current levels, suggesting potential headwinds if estimates don’t rise.Federated Hermes Receives $42.50 Consensus Price Target

Overall, FHI’s recent strength is driven by upgraded ratings and higher targets, though consensus estimates still lag the stock’s trading range. Investors should watch whether fundamental upgrades follow the bullish analyst sentiment.