As previously reported, TD Cowen analyst Bill Katz upgraded Stifel Financial (SF) to Buy from Hold with a price target of $131, up from $118. The firm is “incrementally more bullish” on Stifel’s ability to drive client cash growth, both absolute and relative to peers, and it views the company as “an outsized beneficiary” of a capital markets upcycle, the analyst tells investors. In addition, it sees Stifel as “an upside EPS surprise candidate” looking into 2027 and it sees attractive valuation upside.
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