Raymond James Financial downgraded amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2025
0mins
Should l Buy RJF?
Raymond James Financial Inc's stock fell 3.03% and hit a 20-day low, reflecting broader market trends as the Nasdaq-100 and S&P 500 both declined significantly.
The decline in Raymond James' stock is attributed to sector rotation, as the overall market sentiment weakened with the Nasdaq-100 down 1.01% and the S&P 500 down 0.81%. This market environment has led to a cautious approach among investors, impacting stocks across various sectors, including financial services.
As the market continues to face challenges, Raymond James may need to navigate through this volatility. Investors will be closely monitoring upcoming earnings reports and market conditions to assess potential recovery strategies.
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Analyst Views on RJF
Wall Street analysts forecast RJF stock price to rise
9 Analyst Rating
2 Buy
7 Hold
0 Sell
Hold
Current: 140.890
Low
176.00
Averages
184.00
High
196.00
Current: 140.890
Low
176.00
Averages
184.00
High
196.00
About RJF
Raymond James Financial, Inc. is a diversified financial services company that provides services to individuals, corporations and municipalities. The Company's segments include Private Client Group (PCG), Capital Markets, Asset Management, Bank and Other. PCG segment provides financial planning, investment advisory, and securities transaction services to clients through financial advisors. Capital Markets segment conducts investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. Bank segment includes Raymond James Bank, a Florida-chartered state member bank, and TriState Capital Bank, a Pennsylvania-chartered state member bank. Other segment includes corporate cash balances and its private equity investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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