$RJF

Analysts at Morgan Stanley and Wells Fargo maintained a Hold rating on Raymond James Financial (RJF), with price targets of $171.00 and $172.00, respectively. Visa (V) received a Buy rating from Barclays, with a $420.00 price target, while Piper Sandler also maintained a Buy rating with a $430.00 target. RJF's consensus price target is $184.73, a 17.6% upside, and V's is $425.54, a 14.6% upside.

UBS lowered its price target for Raymond James Financial from $184 to $179, maintaining a neutral rating. The company's shares were trading at $156.49, down 1.84% on the day and 2.11% over five days. The adjustment reflects UBS's updated valuation and outlook for the firm.

BMO Capital reduced its price target for Raymond James Financial from $175 to $170, maintaining a Market Perform rating. The stock closed at $160.80, up 1.64% over 5 days.

BofA Securities raised its price target for Raymond James Financial (RJF) to $198 from $196, citing higher expected net interest income. The firm maintained a Neutral rating. RJF's shares trade at $158.21. BofA increased its 2027 and 2028 EPS estimates to $14.95 and $18.00, respectively. RJF reported Q3 2026 adjusted earnings of $3.14 per share, beating expectations, with revenue up 16% YoY. Citizens also raised its price target to $205, maintaining an Outperform rating.

Raymond James Financial (RJF) has declared a $0.54 per share dividend, with analysts suggesting it may be 15% undervalued at $158 per share. The company's share price has fallen 10.1% in the past month but has shown strong long-term returns. Bulls highlight its dividend discipline and profitability, while bears point to recent share pullbacks. The company's success in recruiting advisors and strong asset inflows supports future growth.

Goldman Sachs raised its price target for Raymond James Financial to $209 from $199, maintaining a Buy rating. The stock is currently trading at $157.81, down 1.22% on the day. Wells Fargo also initiated coverage with an Equal Weight rating.

Wells Fargo initiated coverage on Raymond James Financial (RJF) with an Equal Weight rating and a $172 price target. RJF is trading at $159.76, slightly above its GF Value of $157.68, indicating a 1.3% overvaluation. The company has a GF Score of 95, reflecting strong financial health. Insiders have sold $30.4 million in shares over the past year. RJF operates in wealth management and financial services, with a market cap of $30.73 billion.

Fitch Ratings reports that higher interest rates will boost client-cash earnings for US wealth managers, with benefits varying by firm. Companies like Charles Schwab, LPL Financial, Raymond James, Ameriprise Financial, and Stifel are assessed. Schwab has the largest exposure, while Raymond James sees faster benefits. Higher deposit costs and regulatory scrutiny pose challenges. In Q2 2026, Schwab reported $3.4B in net interest revenue, Raymond James $656M, and LPL $1.66B in 2025.

Raymond James launched Private Wealth Guided Portfolios, a model combining traditional and alternative investments for high-net-worth clients. The offering aims to help advisors meet demand for private markets access, according to the company. The firm has also expanded its private wealth infrastructure and advisor designation program, with nearly 450 advisors certified as of September 2026.

Charles Schwab fell 5% on Tuesday as investors fear AI assistants like Meta's Muse will move idle cash from brokerage accounts, reducing broker profits. Other brokers and banks also saw declines, while AI-related stocks rose. Schwab's net interest revenue was $3.36B in Q2 2026, 47.4% of total revenue. Analysts note the threat is real but the market may have overreacted. Apple's shares rose on reports of a new wearable device.