Wells Fargo analyst Michael Brown raised the firm’s price target on Stifel Financial (SF) to $113 from $108 and keeps an Overweight rating on the shares. The firm says Stifel’s quarter was okay, with some pros and cons, but the combination of net interest income growth and capital markets recovery is a powerful driver for 2025 and can bring Stifel close to its $8 EPS target. Momentum has put wind at Stifel’s back, Wells adds.
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