Goldman Sachs Downgrades Stifel Financial (SF) to Neutral

June 8, 2011 7:17 AM EDT
Get Alerts SF Hot Sheet
Price: $80.96 +1.35%

Rating Summary:
    13 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs downgraded Stifel Financial (NYSE: SF) from Buy to Neutral with a $42 price target.

The firm still likes the growth story, but estimates have to move lower again. They expect shares to trade sideways until estiamtes stabilize.

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 $37.51 yesterday.


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