Raymond James Financial is a diversified financial services company that provides a range of investment and wealth management solutions
The firm offers services such as financial planning, asset management, investment banking, and capital markets support, catering to both individual and institutional clients. Through its network of financial advisors and professionals, Raymond James aims to deliver personalized strategies and guidance, helping clients navigate their financial goals and market complexities. The company is also involved in various sectors including equity and fixed income, further solidifying its presence in the financial landscape.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
According to The Fly, Raymond James raised the firm's price target on Union Pacific to $285 from $265 while keeping a ‘Strong Buy’ rating on the shares.
Raymond James analyst Savanthi Syth lowered American Airlines' price target from $24 to $23, citing FY25 1Q guidance misses due to higher fuel prices and capacity issues. Despite challenges, the company's favorable CASM-ex trend for 2025 and a strong free cash flow outlook above $2B support its recovery.
ServiceNow is growing at a 20% pace and is expected to sustain it for 3 to 5 years, and analysts predict its stock price could rise the same amount in 2025.
Stocks like United Airlines Holdings Inc. (138%), SkyWest Inc. (95%), Alaska Air Group Inc. (69%), and Delta Air Lines Inc. (49%) posted gains that significantly outperformed these benchmark indices.
Joshua Brown predicts Baker Hughes (BKR) will go higher, Brian Belski chooses Raymond James (RJF), while Karen Firestone picks Westinghouse Air Brake (WAB) & Stephanie Link chooses Boeing (BA).
Shares of beauty, cosmetics, and personal care retailer Ulta Beauty (NASDAQULTA)
jumped 5.2% in the afternoon session after the company's CEO and CFO presented at the Raymond James Consumer and TMT Conference, expressing confidence in the beauty category and Ulta's place within it. Shorter term, the holiday period will ultimately determine how the company performs this quarter, but management sounds confident coming out of Black Friday and Cyber Monday. They also spoke about how well new stores are performing, how loyal customers are, and how both established brands/products as well as new ones are driving traffic and sales.
HPE has made strong progress in its strategy in 2024, sending shares up. A key government decision might determine whether success will continue in 2025.
US cruise stocks surge in October with Royal Caribbean, Norwegian, and Carnival among S&P 500's top performers. Investors await earnings reports to see if strong booking trends can sustain momentum. Analysts expect substantial growth for Q3.
T-Mobile downgraded by Raymond James after 42% YTD stock rally. Strong Q3 results: earnings beat, raised guidance, and partnerships. Technical outlook: Bullish above $235; bearish entry near $228.
