Keefe,Bruyette,Woods Report on Positive Earnings From Franklin Resources

Keefe,Bruyette,Woods Report on Positive Earnings From Franklin Resources(BEN) and maintain Outperform rating on shares. Their analyst commented,"BEN reported fiscal 2Q11 ROCK of [$2.25, $2.21, $2.01, $1.95]. The company reported a solid beat on better margins, with strong underlying flow trends. Raise EPS estimates and price target. Maintain Outperform rating. See PDF for delta sheet." Shares of Franklin Resources(BEN) closed at 127.33 yesterday.