Raymond James Trims Price Target on Primis Financial to $18 From $19, Keeps Strong Buy Rating
Raymond James has adjusted its price target for Primis Financial (FRST) to $18, down from $19, while maintaining a "Strong Buy" rating. This news was published on October 6, 2026, at 07:55 am EDT. Primis Financial Corp. is the bank holding company for Primis Bank, offering financial services to individuals and businesses across Virginia and Maryland.
Raymond James reiterates American Integrity Insurance stock rating on growth outlook
Raymond James has reiterated an Outperform rating for American Integrity Insurance Group (NYSE:AII) with a $27.00 price target, noting the stock appears undervalued with a fair value of $28.63. The firm anticipates strong growth due to distribution relationships and a favorable underwriting environment from tort reform, projecting high-single-digit or better policies-in-force growth through 2028. This positive outlook follows impressive financial results for Q2 2026, where the company significantly beat earnings expectations with strong revenue growth and a substantial six-month price return.
Raymond James reiterates Strong Buy on Tyra Biosciences stock By Investing.com
Raymond James has reiterated a Strong Buy rating and a $50.00 price target for Tyra Biosciences (NASDAQ: TYRA) following a discussion with the company's CEO. The firm highlighted the potential of its lead asset, dabogratinib, in treating non-muscle invasive bladder cancer and other conditions, projecting total combined revenue of $2 billion by 2035. Despite not yet being profitable, Tyra Biosciences maintains a strong financial position with more cash than debt and a robust current ratio.
Raymond James upgrades Chain Bridge Bancorp stock rating on rate outlook
Raymond James has upgraded Chain Bridge Bancorp (NYSE: CBNA) to Outperform from Market Perform, setting a price target of $53.00. This upgrade is based on an anticipated favorable operating environment due to the bank's short-duration earning asset structure and low-cost deposit base, positioning it to benefit from recent Federal Reserve rate hikes and a higher-for-longer rate environment. The firm also noted strong political deposit growth, although InvestingPro's Fair Value analysis suggests the stock might currently be overvalued despite its recent strong performance.
Raymond James Financial (NYSE:RJF) Price Target Raised to $185.00
JPMorgan Chase & Co. has increased its price target for Raymond James Financial (NYSE:RJF) to $185.00 from $179.00, while maintaining a "neutral" rating, indicating a potential upside of 16.43%. The financial services provider recently reported strong quarterly earnings of $3.14 EPS, surpassing estimates, and revenue growth of 15.6% year over year. Despite mixed analyst sentiment with a consensus "Hold" rating, the company's stock shows solid financial metrics including a market cap of $30.56 billion and a PE ratio of 13.86.
Advisor moves: Merrill nabs Morgan Stanley, Wells Fargo teams overseeing $770M
Merrill Lynch has recruited two advisor teams managing a combined $770 million in client assets from Morgan Stanley and Wells Fargo. Additionally, Raymond James's independent channel added a Montana duo overseeing $180 million, UBS brought on a Cape Cod advisor from Edward Jones, and Prime Capital Financial hired a former planning director from Edelman. These moves highlight the ongoing brisk advisor recruiting activity across both wirehouse and independent channels.
BofA raises Raymond James stock price target to $198 on higher NII
BofA Securities has increased its price target for Raymond James Financial (NYSE:RJF) to $198 from $196, while maintaining a Neutral rating. This upward revision is due to higher anticipated net interest income following the Federal Reserve's September rate hike, partially offset by a higher payout ratio in the Private Client Group. The company's stock is currently trading at $158.21, and its recent fiscal third-quarter 2026 adjusted earnings exceeded Wall Street expectations, continuing a trend of record performance.
What’s New In Investments, Funds? – Raymond James
Raymond James has launched a new private wealth guided portfolio offering that integrates traditional and alternative investments. This offering is designed for high-net-worth and ultra-high-net-worth clients, providing a diversified, risk-based portfolio framework. It combines equity and fixed income with private market and hedged strategies alongside public market investments.
Raymond James maintains Market Perform on Robinhood stock ahead of Q3
Raymond James has reiterated a Market Perform rating on Robinhood Markets (NASDAQ: HOOD) in anticipation of its third-quarter 2026 results. The firm notes strength in prediction markets but expresses concerns about their regulatory advantage and observes a potential cooling of retail investor risk appetite. Given that the stock is currently trading at a high valuation and is considered overvalued by InvestingPro analysis, Raymond James remains on the sidelines.
Raymond James downgrades HubSpot stock rating on 2027 growth concerns
Raymond James has downgraded HubSpot (NYSE:HUBS) stock from Outperform to Market Perform, citing concerns about its 2027 growth projections, which they now estimate to be in the low double digits, compared to the Street consensus of 14%. Despite HubSpot's significant stock decline and impressive 83% gross profit margin, the firm believes a more conservative outlook is warranted due to potential demand dynamics and packaging changes, which could prevent a near-term re-rating of the stock. Other analysts, however, have recently raised price targets or reiterated positive ratings based on HubSpot's AI advancements and strategic product updates.
Enerflex Ltd. (TSE:EFX) Stock Has Average Price Target of C$37.69 According to Brokerages
Enerflex Ltd. (TSE:EFX) has received a "Moderate Buy" consensus rating from nine brokerages, with an average 12-month price target of C$37.69. Recent analyst reports have seen several firms raise their price targets for the stock, including ATB Cormark to C$52 and Raymond James to C$49. Despite this positive analyst sentiment and an increased dividend, concerns remain about the company's valuation due to a high P/E ratio of 79.59.
These Consumer Stocks Are The Top Analyst Picks at Raymond James
Raymond James has updated its "Analyst Current Favorites" list in the consumer sector, identifying key opportunities. The list highlights homebuilders like M/I Homes, Somnigroup International due to strong free cash flow, The Estee Lauder Companies for its turnaround, and Wingstop for expected sales improvements. These companies were selected based on strong buy or outperform ratings, with analysts allowed one "buy" idea from their coverage.
Raymond James starts QCR Holdings stock coverage at Outperform
Raymond James has initiated coverage of QCR Holdings (QCRH) stock with an Outperform rating and a price target of USD 110.00. The analyst firm also provided earnings per share estimates for 2026, 2027, and 2028. This new rating comes as QCR Holdings reported a 28% increase in second-quarter diluted EPS, and the company is set to release its third-quarter 2026 financial results on October 20, 2026.
Raymond James stock gets Wells Fargo coverage after Q3 beat
Raymond James Financial's stock received coverage from Wells Fargo with a Hold rating and a $172 price target after beating Q3 FY26 earnings estimates. The company reported adjusted EPS of $3.14 against $2.91 expected, and revenue of $3.93 billion, exceeding estimates. The stock closed at $158.21 on October 2, 2026, and is set to report Q4 FY26 results on October 28, 2026.
Raymond James Financial (RJF) Could Be 15% Undervalued After Its $0.54 Dividend
Raymond James Financial (RJF) recently declared a US$0.54 per share dividend, drawing attention to its long history of payout increases and low payout ratio, indicating income stability. Despite a recent 10.1% share price drop, the company's 3-year and 5-year total shareholder returns remain strong. Analysts suggest RJF is 15% undervalued, with a fair value of $186 per share, due to its success in recruiting financial advisors and expanding client assets.
Stifel Financial: Mid-Market Advisory And Commissions Could Resist Hikes (NYSE:SF)
Stifel Financial (SF) faces disadvantages in mid-market advisory due to current conditions favoring larger deals, but improvements in equity capital markets and resilient asset management growth provide support. The firm's commission-based businesses and interest income from sweep deposits could benefit from market volatility and rising interest rates. Compared to Lazard (LAZ), Stifel is presented as a cheaper option with more pro-volatility businesses, making it an interesting prospect despite overall sector performance concerns.
Envestnet Asset Management Inc. Reduces Holdings in Northern Oil and Gas, Inc. $NOG
Envestnet Asset Management Inc. has reduced its stake in Northern Oil and Gas, Inc. by 12.5% in the second quarter, selling 42,563 shares but still retaining 297,930 shares valued at approximately $5.4 million. Despite institutional investors owning 98.8% of the company, analyst sentiment is mixed, with an average "Hold" rating and a $31 consensus target price. Northern Oil and Gas reported strong quarterly revenue of $745.2 million, surpassing estimates, but its earnings per share of $1.13 fell short of expectations.
TriCo Bancshares (NASDAQ:TCBK) Stock Now Rated "Hold" by Sell-Side Analysts
TriCo Bancshares (NASDAQ:TCBK) has received a consensus "Hold" rating from seven sell-side analysts, with an average 12-month price target of $55.30, slightly above its current trading price of $52.59. The company reported strong Q2 earnings, surpassing expectations with $1.06 EPS and $111.88 million in revenue, and also declared a quarterly dividend of $0.36. Institutional investors hold a significant stake of 59.11% in TCBK, with notable purchases from major firms in the second quarter.
QCR (NASDAQ:QCRH) Upgraded to Moderate Buy at Raymond James Financial
QCR Holdings (NASDAQ:QCRH) has been upgraded to a "moderate buy" rating by Raymond James Financial, contributing to a largely positive analyst consensus. The company, which recently reported Q2 EPS of $2.19, exceeding estimates, saw its shares open 1.7% higher at $100.95. Institutional investors hold a significant 70.01% stake in QCR.
First Business Financial Services (NASDAQ:FBIZ) Stock Rating Raised to Moderate Buy at Raymond James Financial
Raymond James Financial has upgraded First Business Financial Services (NASDAQ:FBIZ) to a "moderate buy" rating. This upgrade aligns with a consensus "Buy" rating from other analysts, with the stock opening at $70.93, close to its 52-week high. The company recently surpassed earnings and revenue estimates and has seen significant institutional investment, despite some insider selling.
Raymond James Financial (NYSE:RJF) Upgraded to "Hold" at Wells Fargo & Company
Wells Fargo & Company initiated coverage on Raymond James Financial (NYSE:RJF) with a "hold" rating and a $172 price target, indicating an 8.75% potential upside. The company's stock currently holds an average "hold" rating and a target price of $180.85 across analysts. Raymond James Financial reported strong quarterly earnings of $3.14 per share, surpassing estimates, and a 15.6% year-over-year revenue increase to $3.93 billion.
Avalyn Pharma (NASDAQ:AVLN) Upgraded at Raymond James Financial
Raymond James Financial has upgraded Avalyn Pharma (NASDAQ:AVLN) to a "moderate buy" rating. The company reported a quarterly loss of $0.98 per share, exceeding analyst expectations, and has a current market capitalization of $1.25 billion. Avalyn Pharma specializes in developing inhaled therapies for serious fibrotic lung diseases, with its lead candidate AP01 targeting pulmonary fibrosis.
Avalyn Pharma Initiated at Outperform by Raymond James
Raymond James has initiated coverage of Avalyn Pharma with an "Outperform" rating. This indicates that the firm expects Avalyn Pharma's stock to perform better than the overall market or its sector.
Nicolet Bankshares Inc. (NYSE:NIC) Stock Now Rated "Moderate Buy" by Sell-Side Brokerages
Nicolet Bankshares Inc. (NYSE:NIC) has received a "Moderate Buy" consensus rating from seven sell-side brokerages, with an average 12-month price target of $183.00. The company recently surpassed quarterly earnings and revenue expectations, reporting $2.99 EPS and $177.75 million in revenue. Institutional investors hold a significant stake in Nicolet Bankshares, while insiders have engaged in some selling activity.
B of A upgrades Saia to Buy as Raymond James cuts target
B of A Securities upgraded Saia (NASDAQ: SAIA) from Neutral to Buy, increasing its price target to $502 due to a more bullish investment outlook. Concurrently, Raymond James maintained an Outperform rating but slightly lowered its price target for Saia to $475. This indicates a divergence in analysts' valuation adjustments for the logistics company.
Silgan (NYSE:SLGN) Price Target Cut to $49.00 by Analysts at Citigroup
Citigroup analysts have reduced their price target for Silgan (NYSE:SLGN) from $54.00 to $49.00, while maintaining a "buy" rating. This new target suggests a potential upside of 39.24% from the stock's last closing price. Despite the reduction, analyst sentiment remains largely positive, with a consensus "Moderate Buy" rating and an average target price of $53.50 across various firms.
StorageVault Canada (TSE:SVI) Stock Dropped to "Outperform" by Raymond James Financial
Raymond James Financial has downgraded StorageVault Canada (TSE:SVI) from a "strong buy" to an "outperform" rating, reducing its price target to C$5.25. Despite this, the consensus analyst rating remains a "Moderate Buy" with an average target of C$5.86. The company recently reported a quarterly loss of C$0.02 per share, and an insider recently purchased 89,700 shares.
Goldman Sachs Adjusts Raymond James Financial PT to $209 From $199, Maintains Buy Rating
Goldman Sachs has increased its price target for Raymond James Financial (NYSE:RJF) to $209 from $199, while reaffirming a Buy rating on the stock. This adjustment indicates a positive outlook on the company's future performance by the investment bank.
Raymond James raises Origin Bancorp stock price target on growth outlook
Raymond James has increased its price target for Origin Bancorp (NYSE: OBK) shares from $56.00 to $58.00, maintaining an Outperform rating due to positive investor meetings and a strong growth outlook. The company's management is focused on organic growth, improving profitability, and disciplined capital allocation. This follows a strong Q2 2026 earnings report where Origin Bancorp surpassed EPS expectations but slightly missed revenue forecasts.
Liquidia extends losses as Wells Fargo adds to downgrades on legal setback
Liquidia (LQDA) is experiencing significant losses after a legal setback in its patent dispute with United Therapeutics (UTHR). Wells Fargo downgraded the stock to "Equal Weight" and drastically cut its price target, citing uncertainty regarding Liquidia's L606 treprostinil formulation due to the patent violation. Other brokerages like BTIG and Raymond James have also downgraded the stock.
Goldman Sachs Adjusts Raymond James Financial PT to $209 From $199, Maintains Buy Rating
Goldman Sachs has increased its price target for Raymond James Financial (RJF) to $209 from $199, while maintaining a Buy rating on the stock. This adjustment comes alongside news that Wells Fargo initiated coverage on Raymond James Financial with an Equal Weight rating. The article also provides a company profile, financial data, and analyst consensus information for Raymond James Financial.
Wells Fargo sets USD 172 target for Raymond James stock
Wells Fargo has initiated coverage on Raymond James (NYSE:RJF) with an "Equal Weight" rating and a price target of USD 172. This follows strong fiscal third-quarter 2026 results for Raymond James, including significant increases in net revenue and pre-tax income, alongside growing client assets under administration and management. The next earnings report for Raymond James is scheduled for October 28, 2026.
Raymond James initiates Avalyn Pharma stock coverage with outperform rating
Raymond James has initiated coverage of Avalyn Pharma Inc. (NASDAQ:AVLN) with an outperform rating and a price target of $60.00, suggesting a potential upside of over 118%. The firm specializes in inhaled antifibrotic formulations for idiopathic and progressive pulmonary fibrosis, with two fully funded Phase 2 assets. Despite InvestingPro's analysis indicating the stock might be overvalued, Raymond James anticipates significant catalysts in the second half of 2027.
New Money, New problems: Athletes and Sudden Wealth - Raymond James - Commentaries
This article discusses "sudden wealth syndrome" as it applies to professional athletes, highlighting the emotional and financial challenges that come with significant wealth. It emphasizes the importance of early financial education and assembling a diverse team of advisors to help athletes manage their wealth, especially given their unique career timelines and earning windows. The piece advocates for building a strong financial game plan that includes budgeting, investments, insurance, tax planning, and philanthropy to ensure long-term stability and well-being.
QCR Holdings Price Target Announced at $110.00/Share by Raymond James
Raymond James has set a price target of $110.00 per share for QCR Holdings (QCRH). This news provides investors with an analyst's valuation perspective on the company's stock.
Raymond James initiates First Business Financial stock coverage with outperform rating
Raymond James has initiated coverage on First Business Financial Services Inc. (NASDAQ:FBIZ) with an Outperform rating and a $75.00 price target, citing its differentiated commercial banking franchise and potential for sustained organic growth. The firm anticipates strong non-GAAP earnings per share for FBIZ in the coming years. This positive outlook is supported by the company's recent strong Q2 2026 earnings, which surpassed analyst expectations, and a recent price target increase from DA Davidson.
Raymond James Financial, Inc. (RJF) Options Chain
This article provides the options chain for Raymond James Financial, Inc. (RJF), including details for calls and puts. As of October 2, 2026, at 4:00:02 p.m. EDT, RJF stock was trading at 158.21 USD. The options data shows no available calls or puts at the time of publication.
Raymond James raises Origin Bancorp stock price target on growth outlook
Raymond James has increased its price target for Origin Bancorp (NYSE:OBK) shares to $58.00 from $56.00, maintaining an Outperform rating. This adjustment follows positive investor meetings where management emphasized disciplined organic growth, improved profitability, and expanding market presence. The company's healthy loan pipelines, core deposit generation efforts, and the "Optimize Origin" initiative are key factors supporting the positive outlook, alongside a low P/E ratio and strong capital levels.
Raymond James assumes coverage on S&T Bancorp stock with Market Perform rating
Raymond James has initiated coverage on S&T Bancorp (NASDAQ:STBA) with a Market Perform rating, recognizing the company's strong Mid-Atlantic banking franchise, core funding, and credit practices. The firm established EPS estimates of $3.95 for 2026, $4.05 for 2027, and $4.20 for 2028, noting that the current stock valuation already reflects the company's strengths, including its impressive 13-year dividend growth track record. This coverage follows S&T Bancorp's strong second-quarter performance, which surpassed Wall Street expectations with increased net interest income, improved margins, and substantial loan growth.
Raymond James raises Origin Bancorp stock price target on growth outlook
Raymond James increased its price target for Origin Bancorp (NYSE: OBK) shares to $58.00 from $56.00, maintaining an Outperform rating due to the company's strong organic growth prospects, improving profitability, and growing franchise value. The adjustment follows positive investor meetings with management, reinforcing their investment thesis. Origin Bancorp recently reported strong Q2 2026 earnings, surpassing EPS estimates, though revenue slightly missed forecasts.
Chemung Canal Trust Company completes conversion to national bank
Chemung Financial Corporation announced that its subsidiary, Chemung Canal Trust Company, has completed its conversion to a national bank, now operating under the name Chemung Canal Trust Company, National Association, following approval from the OCC. The bank will maintain its current structure and continue dividend payments, a practice for 53 consecutive years. Raymond James has initiated coverage with an Outperform rating and a price target of $87.00.
Raymond James sees broad pullback in retail stocks during 3Q26
Raymond James reported a broad pullback in retail and digital commerce stocks during the third quarter of 2026, with softline retail and brand stocks falling 8% and digital commerce stocks dropping 5%. This decline occurred despite strong Q2 2026 earnings, attributed to macroeconomic factors like rising oil prices, higher interest rates, and inflation concerns. Various sectors within retail, including active apparel, premium apparel, and digital commerce, experienced significant stock declines and multiple contractions, though some individual companies saw gains.
FBIZ Assumes Outperform by Raymond James -- Price Target at $75.
Raymond James has initiated an "Outperform" rating for First Business Financial Services (FBIZ) with a price target of $75.00, reflecting confidence in the company's growth potential despite its current overvaluation according to GuruFocus's GF Value. FBIZ holds a strong GF Score of 79/100, excelling in profitability and momentum, though its financial strength ranks lower. Insider activity indicates a cautious sentiment with one guru trimming their position and recent insider selling.
Carriage Services (NYSE:CSV) Shares Gap Up - Should You Buy?
Carriage Services (NYSE:CSV) saw its stock gap up by 5.8% to $32.99, though it remains below key moving averages. The company recently missed both earnings and revenue expectations, reporting $0.78 EPS against an expected $0.82, and $102.95 million in revenue compared to an expected $108.91 million. Analyst sentiment is mixed, with a consensus "Hold" rating and a target price of $51.00, but Zacks Research issued a "Strong Sell."
Raymond James initiates First Business Financial stock coverage with outperform rating
Raymond James has initiated coverage on First Business Financial Services Inc. (NASDAQ:FBIZ) with an Outperform rating and a $75.00 price target, citing the company's ability to sustain above-peer organic growth through share gains and expansion of its national specialty finance businesses. The firm highlighted the company's branch-light model, improving core funding, and disciplined match-funding strategy, which are expected to support efficiency gains and stable net interest margin. Recent strong second-quarter 2026 results and upward earnings revisions from four analysts reinforce the positive outlook.
Raymond James Financial Initiates Coverage on First Business Financial Services (NASDAQ:FBIZ)
Raymond James Financial has initiated coverage on First Business Financial Services (NASDAQ:FBIZ) with an "outperform" rating and a $75 price target, indicating a 10.87% potential upside. This aligns with a generally positive analyst sentiment, as the company holds an average "Buy" rating and a consensus price target of $78.25. The initiation follows First Business Financial Services exceeding its recent quarterly earnings and revenue estimates.
Raymond James initiates First Business Financial stock coverage with outperform rating
Raymond James has initiated coverage on First Business Financial Services Inc. (NASDAQ:FBIZ) with an Outperform rating and a $75.00 price target, citing the company's potential for sustained above-peer organic growth through market share gains and expansion of its national specialty finance businesses. The firm highlighted the company's attractive valuation, strong recent results including 10.3% loan growth and 13.6% core deposit growth year-over-year, and upward revisions in analyst earnings estimates. This positive outlook is further supported by the company's strong profitability in Q2 2026, driven by margin expansion and a strategic exit from SBA lending.
Raymond James assumes coverage on S&T Bancorp stock with Market Perform rating
Raymond James has initiated coverage on S&T Bancorp Inc. (NASDAQ: STBA) with a Market Perform rating, acknowledging its strong position as a Mid-Atlantic banking franchise with robust core funding and credit practices. The firm highlighted the company's initiatives in customer deposit gathering and commercial relationships, leading to significant deposit growth and net interest margin expansion. Despite strong performance and a solid dividend track record, the stock's current valuation already reflects its strengths, leading to the Market Perform rating.
Raymond James initiates First Business Financial stock coverage with outperform rating
Raymond James has initiated coverage on First Business Financial Services Inc. (NASDAQ:FBIZ) with an Outperform rating and a $75.00 price target, viewing it as a differentiated commercial banking franchise poised for above-peer organic growth. The firm anticipates sustained growth through market share gains in its Midwest markets and expansion of national specialty finance businesses. This outlook is supported by recent strong financial results, including significant year-over-year growth in loans and core deposits, and upward revisions of earnings estimates by analysts.
Coastal Carolina Bancshares, Inc. Announces Completion of Merger of Equals with Beacon Holding Company, Inc.
Coastal Carolina Bancshares, Inc. announced the completion of its merger of equals with Beacon Holding Company, Inc. The combined entity will operate under the Coastal Carolina National Bank brand initially, with Beacon branches becoming "Beacon Community Bank, a division of Coastal Carolina National Bank," and later rebranding to "Beacon Bank, N.A." in early 2027. This merger creates a stronger banking franchise with approximately $2.3 billion in total assets and 16 branches across the coastal Carolinas.
