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Raymond James Financial RJF - News Analyzed: 7,314 - Last Week: 100 - Last Month: 400

↗ Raymond James Financial (RJF) Sees Increased Shares Purchase and Raised Price Targets Amidst Investor Skepticism

Raymond James Financial (RJF) Sees Increased Shares Purchase and Raised Price Targets Amidst Investor Skepticism
Raymond James Financial, Inc. has been the center of numerous financial activities. An increased purchasing of shares by several firms, for example Calton & Associates Inc, Massachusetts Financial Services Co, and Sumitomo Mitsui Trust Group Inc, has been noted, hinting at a potential increase of confidence in the company. Projections indicate strong future earnings, with Morgan Stanley and JMP Securities setting a price target for RJF at $180. Several pieces also noted the increased trading volume of RJF, reaching 497th with a turnover of $209 million. In terms of wealth management, Raymond James' Canadian arm has expanded investments in wealth management platform FNZ, indicating growth and diversification. However, the company stock is ranked as a bottom-ranked quant stock by UBS and it is largely dominated by institutional shareholders, owning 78% of the company. Some investors are showing skepticism, with reports indicating that they are not buying RJF's earnings. Despite this, those who invested in RJF five years ago have experienced a 261% increase in their investment.

Raymond James Financial RJF News Analytics from Mon, 13 Feb 2023 08:00:00 GMT to Sat, 19 Jul 2025 15:20:01 GMT - Rating 3 - Innovation -4 - Information 8 - Rumor -3

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