analyst Ken Worthington
and T. Rowe Price
cut ratings on Eaton Vance and Federated
Investors, Reuters reports.
Worthington upped his rating on Franklin to
"overweight," pointing to the large international business
the firm is poised to gain from a weak dollar. He upgraded
T. Rowe to "neutral," citing improved performance.
Meanwhile, he downgraded Federated and Eaton Vance
both by a notch to "underweight," noting the high fixed income
concentration at Federated and the performance at some
Eaton Vance funds.
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