Raymond James Financial shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $140 to $152.
Portfolio Pulse from Benzinga Newsdesk
Raymond James Financial shares rose after Wells Fargo maintained an Overweight rating and increased its price target from $140 to $152.
October 24, 2024 | 2:43 pm
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POSITIVE IMPACT
Raymond James Financial shares are trading higher following Wells Fargo's decision to maintain an Overweight rating and raise the price target from $140 to $152.
The increase in price target and maintained Overweight rating by Wells Fargo is a positive signal to investors, likely boosting confidence and demand for RJF shares, leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100