JP Morgan Initiates Coverage On Raymond James Finl with Neutral Rating, Announces Price Target of $121
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Cho has initiated coverage on Raymond James Financial (NYSE:RJF) with a neutral rating and a price target of $121.
September 19, 2023 | 8:55 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Raymond James Financial has been initiated with a neutral rating by JP Morgan, with a price target of $121.
The neutral rating from JP Morgan indicates that they expect Raymond James Financial's stock to perform in line with the market or sector average. The price target of $121 suggests where they believe the stock will trade in the future. This could influence investor sentiment and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100