Franklin Resources (BEN -5.7%) takes a hit in the wake of weak December data showing assets...

|About: Franklin Resources Inc. (BEN)|By:, SA News Editor

Franklin Resources (BEN -5.7%) takes a hit in the wake of weak December data showing assets under management deteriorated amid an estimated $8B of net outflows. Citigroup cuts the stock to Neutral and Keefe Bruyette lowers it to Market Perform on the news.