BofA lowered the firm’s price target on Raymond James to $141 from $146 and keeps a Buy rating on the shares. The firm lowered its 2025 and 2026 EPS estimates to $10.99 and $12.83 from $11.41 and $13.25, respectively, driven by deposit mix shifts and slower capital markets activity.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RJF:
- Raymond James Financial Reports Fiscal Third Quarter of 2024 Results
- RJF Upcoming Earnings Report: What to Expect?
- Raymond James price target lowered to $135 from $138 at UBS
- Raymond James price target raised to $123 from $122 at Jefferies
- Raymond James price target raised to $133 from $130 at TD Cowen