Raymond James price target raised to $190 from $185 at Citizens JMP

Citizens JMP analyst Devin Ryan raised the firm’s price target on Raymond James (RJF) to $190 from $185 and keeps an Outperform rating on the shares following the fiscal Q4 report. The firm sees momentum across Raymond’s businesses, which positions the company well heading into fiscal 2026. The company’s key indicators supporting the outlook “are quite bullish,” the analyst tells investors in a research note.