TD Cowen raised the firm’s price target on Raymond James (RJF) to $150 from $128 and keeps a Hold rating on the shares. The firm raised its estimates but with the stock up 25% post FOMC s 50 bps rate cut, they believe much of the capital markets upcycle has been captured.
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Read More on RJF:
- Raymond James price target raised to $145 from $132 at Morgan Stanley
- 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