StockNews.com downgraded shares of Federated Hermes ( NYSE:FHI – Free Report ) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning. A number of other brokerages also recently commented on FHI. Royal Bank of Canada reduced their price target on Federated Hermes from $39.00 to $35.00 and set a sector perform rating for the company in a report on Thursday, August 17th. Jefferies Financial Group reduced their price objective on shares of Federated Hermes from $41.

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