TD Cowen raised the firm’s price target on Stifel Financial to $88 from $85 and keeps a Hold rating on the shares. The firm said Stifel is relatively insulated from cash sweep repricing risk and is why they were able to affirm prior NII guide.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SF:
- Stifel Financial reports Q2 EPS $1.60, consensus $1.54
- SF Earnings this Week: How Will it Perform?
- Stifel Financial downgraded to Peer Perform from Outperform at Wolfe Research
- Stifel Financial Schedules Second Quarter 2024 Financial Results Conference Call
- Stifel Ranks No. 1 in J.D. Power Study for Second Straight Year