Wells Fargo Starts Stifel Financial (SF) at Market Perform; Established Track Record, But Already Priced In
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Price: $36.16 +1.95%
Rating Summary:
3 Buy, 4 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 28 | New: 13
Rating Summary:
3 Buy, 4 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 28 | New: 13
Trade SF Now!
Wells Fargo initiates coverage on Stifel Financial (NYSE: SF) with a Market Perform. PT range $38-$42.
Analyst, Christopher Harris, said, "SF has established an impressive track record of growth and we like its private client-centric mix of businesses. However, we view SF as fairly valued near current levels particularly given uncertainty in capital markets, which has failed to meaningfully recover. We have introduced 2012/2013 EPS estimates of $2.34/$2.80."
For an analyst ratings summary and ratings history on Stifel Financial click here. For more ratings news on Stifel Financial click here.
Shares of Stifel Financial closed at $37.52 yesterday, with a 52 week range of $23.09-$48.75.
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Analyst, Christopher Harris, said, "SF has established an impressive track record of growth and we like its private client-centric mix of businesses. However, we view SF as fairly valued near current levels particularly given uncertainty in capital markets, which has failed to meaningfully recover. We have introduced 2012/2013 EPS estimates of $2.34/$2.80."
For an analyst ratings summary and ratings history on Stifel Financial click here. For more ratings news on Stifel Financial click here.
Shares of Stifel Financial closed at $37.52 yesterday, with a 52 week range of $23.09-$48.75.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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