Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Raymond James (RJF) to $136 from $126 and keeps an Equal Weight rating on the shares. Following calendar Q1 earnings, the firm raised its calendar year 2025 and 2026 EPS estimates 8% and 12%, respectively, on better brokerage and interest income estimates.
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Read More on RJF:
- Raymond James price target lowered to $160 from $180 at Argus
- BofA downgrades Raymond James on slowing organic growth
- Raymond James downgraded to Neutral from Buy at BofA
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