Goldman Sachs Upgrades Stifel Financial (SF) to Buy On Fee-Based Structure

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January 17, 2012 7:49 AM EST
Get Alerts SF Hot Sheet
Price: $79.88 -3.43%

Rating Summary:
    13 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 5 | Down: 4 | New: 11
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Goldman Sachs upgraded Stifel Financial (NYSE: SF) from Neutral to Buy with a price target of $37, suggesting 14% upside.

The firm likes the stock as all of its revenues are US-based and it has exposure to fee-based income versus a reliance on trading activity.

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 $32.49 yesterday.

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