T. Rowe Price: Zero Analysts Say Buy, Four Say Sell, And The Cash Flow Says Otherwise

T. Rowe Price is undervalued, with a buy rating and 15–20% upside, as its asset outflows are far slower than market fears suggest. A retirement-heavy asset base and expanding alternative vehicles provide stability, with two-thirds of AUM in sticky, long-duration channels supporting future profit pools. TROW's operating margin expanded from 34.9% to 37.1%, aided by expense discipline, revenue growth, and a debt-free balance sheet funding a near-5% dividend yield.