Morgan Stanley Maintains Equal-Weight on Raymond James Finl, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Raymond James Financial (NYSE:RJF) and lowers the price target from $112 to $110.
August 04, 2023 | 9:33 am
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Morgan Stanley has maintained an Equal-Weight rating on Raymond James Financial and lowered the price target from $112 to $110.
The news is directly about Raymond James Financial. The lowered price target could indicate a slightly less optimistic outlook from Morgan Stanley, but the maintained Equal-Weight rating suggests that the firm still sees the stock as fairly valued. This could lead to neutral or slightly negative short-term price movement.
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