JMP Securities Maintains Market Outperform on Stifel Financial, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan has maintained a 'Market Outperform' rating on Stifel Financial (NYSE:SF) but lowered the price target from $86 to $82.
October 10, 2023 | 4:26 pm
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Stifel Financial's price target has been lowered from $86 to $82 by JMP Securities, though the 'Market Outperform' rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Market Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100