TD Cowen lowered the firm’s price target on Stifel Financial (SF) to $84 from $124 and keeps a Hold rating on the shares. Ahead of the Q1 reports, the firm reduced estimates for asset managers and retail brokers, and increased numbers for the exchanges. Charles Schwab (SCHW) remains TD’s top overall pick, followed by Apollo Global (APO). The analyst also added Janus Henderson (JHG) to the firm’s top three picks, replacing Blackstone (BX).
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Read More on SF:
- Stifel Financial price target lowered to $106 from $135 at Wells Fargo
- 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
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