UPDATE: Sterne Agee Downgrades Franklin Resources to Neutral on Fairly Balanced Risk/Reward

In a report published Thursday, Sterne Agee analyst Jason Weyeneth downgraded the rating on Franklin Resources (NYSE: BEN ) from Buy to Neutral, and lowered the price target from $172.00 to $170.00. In the report, Weyeneth noted, “Fundamentally, while the organic growth outlook remains strong, the margin and capital management