Friedman Billings Downgrades Raymond James (RJF) to Underperform

April 8, 2009 12:55 PM EDT

Friedman Billings downgrades Raymond James Financial (NYSE: RJF) from Market Perform to Underperform and lowers their price target from $19 to $15.

For more ratings on RJF click here.

Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe.


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RJF 23.72

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