Wells Fargo lowered the firm’s price target on Stifel Financial (SF) to $106 from $135 and keeps an Overweight rating on the shares. The firm says that Q1 results should be decent for the asset managers/brokers group, but the focus is now on what’s to come. In Wells’ coverage, there are few places to hide from the tariff storm. Alts are nearing levels that are tough to ignore, but stocks can overshoot to the downside, the firm adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SF:
- Stifel Financial price target lowered to $120 from $135 at Citizens JMP
- Stifel Financial price target lowered to $105 from $125 at Citi
- Stifel Financial’s Resilience and Growth Potential Justify Buy Rating Despite Market Challenges
- Stifel Financial Reports Growth in Client Assets
- Stifel Financial reports February total client assets $506.48B
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue