Keefe, Bruyette & Woods Maintains Market Perform on Raymond James Finl, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Kyle Voigt maintains a Market Perform rating on Raymond James Financial (RJF) and lowers the price target from $132 to $131.

April 25, 2024 | 1:48 pm
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NEUTRAL IMPACT
Keefe, Bruyette & Woods maintains a Market Perform rating on Raymond James Financial and lowers the price target from $132 to $131.
The adjustment in price target by Keefe, Bruyette & Woods is minor, suggesting a slight adjustment in valuation rather than a significant change in the company's outlook. The maintenance of a Market Perform rating indicates that the analyst does not see significant upside or downside in the near term, which is why the score is neutral. The high relevance is due to the direct mention and specific action taken by the analyst. The importance is rated high because analyst ratings and price targets can influence investor perception and stock price movement, but it is not at the maximum because the change is relatively small. The confidence level is high due to the clear and direct nature of the analyst's actions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100