Ticonderoga Maintains a 'Neutral' on Stifel Financial (SF); Takeaways From Management Meeting
SF Hot Sheet
Rating Summary:4 Buy, 3 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 14 | Down: 6 | New: 17
Ticonderoga maintains a 'Neutral' on Stifel Financial (NYSE: SF).
Ticonderoga analyst says, "Some key takeaways from the meeting included early indications that activity and sentiment in global wealth management was improving, that Tower Group's (Nasdaq: TWPG) VC banking track record has the potential to meaningfully contribute to banking, and that SF continues to play a bigger role on ECM transactions (bookrunner on 42% of current backlog vs. average of 20% from 2002 through 2009)."
For more ratings news on Stifel Financial click here and for the rating history of Stifel Financial click here.
Shares of Stifel Financial closed at $61.23 yesterday, with a 52 week range of $42.68-$59.63.
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Ticonderoga analyst says, "Some key takeaways from the meeting included early indications that activity and sentiment in global wealth management was improving, that Tower Group's (Nasdaq: TWPG) VC banking track record has the potential to meaningfully contribute to banking, and that SF continues to play a bigger role on ECM transactions (bookrunner on 42% of current backlog vs. average of 20% from 2002 through 2009)."
For more ratings news on Stifel Financial click here and for the rating history of Stifel Financial click here.
Shares of Stifel Financial closed at $61.23 yesterday, with a 52 week range of $42.68-$59.63.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
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