According to these bullish firms, T. Rowe Price is one of the best positioned asset managers in terms of achieving significant earnings growth. These firms believe the company is well poised to continue growing organically in spite of industry-wide soft flows, as the company's strong retirement plan distribution and the recognition of its target date funds is complementing its growing fixed-income presence. Additionally, they expect T. Rowe Price to benefit from greater expense flexibility than its peers, as it has continued to invest in marketing, technology, and personnel throughout the cycle.