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Federated Hermes Gets Mixed Broker Ratings, Revenue Growth, and $0.38 Dividend

Federated Hermes logoFederated Hermes
Sig1.35Sen+2.20Env0.00Soc0.00Gov0.00

Brokerages’ average 12-month price target for Federated Hermes is $57.40, with Deutsche Bank reiterating a hold rating and a $58.00 objective and Zacks upgrading to strong-buy. The quarter’s revenue rose 18.3% year over year, analysts forecast 5.5 EPS this year, and the company paid a $0.38 quarterly dividend on Aug. 14 to shareholders of record Aug. 7.

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