Morgan Stanley Maintains Equal-Weight on Raymond James Finl, Raises Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Raymond James Financial (RJF) and increased the price target from $113 to $123.

April 09, 2024 | 5:03 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Raymond James Financial and raised the price target from $113 to $123.
The increase in price target by a reputable analyst like Michael Cyprys at Morgan Stanley suggests a positive outlook on RJF's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100