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Morgan Stanley Sees Broader Turnaround Emerging at Franklin Resou

Morgan Stanley Sees Broader Turnaround Emerging at Franklin Resources (BEN) Morgan Stanley's upgrade of Franklin Resources, Inc.

(NYSE:BEN) to Equal Weight from Underweight has sent a ripple through the investment community.

The firm's optimistic assessment is based on early signs of a turnaround, including easing Western outflows and improving core flows.

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