B of A Securities Maintains Buy on Raymond James Finl, Lowers Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Mark McLaughlin maintains a Buy rating on Raymond James Financial (RJF) but lowers the price target from $145 to $141.
April 25, 2024 | 4:45 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Raymond James Financial, with a reduced price target from $145 to $141.
The adjustment in price target by B of A Securities reflects a slight change in valuation expectations for RJF, though the Buy rating indicates continued confidence in the company's performance. The reduction in price target might cause short-term price fluctuations, but the maintained Buy rating suggests underlying strength in RJF's business model and growth prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90