Stifel Financial price target raised to $125 from $110 at JMP Securities

JMP Securities raised the firm’s price target on Stifel Financial (SF) to $125 from $110 and keeps an Outperform rating on the shares amid a broader research note on Financial Services companies. The firm is currently optimistic around the potential for a building recovery in the Capital Markets and generally anticipate a more favorable operating environment for Financial Services and FinTech companies with additional momentum as policy and regulatory details take shape from the incoming administration, the analyst tells investors in a research note.