Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Raymond James (RJF) to $145 from $132 and keeps an Equal Weight rating on the shares. Following Q3 earnings, the firm raised its calendar Q4 EPS estimate by about 17% and raise calendar 2025 and 2026 EPS estimates by 22% and 10%, respectively, on better investment banking revenue expectations.
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Read More on RJF:
- Raymond James price target raised to $159 from $139 at Seaport Research
- Raymond James (NYSE:RJF) Stock Jumps 7% as Financial Results Top Estimates
- Raymond James price target raised to $152 from $136 at BofA
- Raymond James price target raised to $152 from $140 at Wells Fargo
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