Morgan Stanley Maintains Equal-Weight on Raymond James Finl, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Manan Gosalia has maintained an Equal-Weight rating on Raymond James Financial (NYSE:RJF) and increased the price target from $106 to $113.
January 29, 2024 | 4:18 pm
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Morgan Stanley analyst Manan Gosalia maintains an Equal-Weight rating on Raymond James Financial and raises the price target to $113.
The increase in price target by a reputable analyst like Manan Gosalia from Morgan Stanley is a positive signal for investors, suggesting a potential upside for the stock. However, since the rating remains at Equal-Weight, the recommendation does not indicate a strong buy sentiment, which may temper the stock's upward movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100