Stifel

Stifel Financial Corp. (NYSE:SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services.

Stifel Raised Meta Platforms (NASDAQ:META) price target to $230 Maintain Buy rating

Stifel analyst Mark Kelley will raise its price target on Meta Platforms (NASDAQ:META) to $230 from $210 and maintain a buy rating on the stock after the company released an 8-K filing detailing a new round of work and cost-cutting measures. The analyst told investors in a research note that he lowered his total spending on Meta for 2023 and 2024; Given that the vast majority of these changes will occur in April and May, some degree of disruption is expected, so the revenue growth assumptions have been slightly downgraded.

Stifel Raised Meta Platforms (NASDAQ:META) price target to $230 Maintain Buy rating Read Post »

Stifel: Raised Applied Materials (NASDAQ:AMAT) price target to $140 from $132 with maintaining Buy rating

Stifel analyst Brian Chin raised its price target on Applied Materials (NASDAQ:AMAT) to $140 from $132 and maintained a buy rating after the company reported fiscal first-quarter earnings slightly above expectations, though a “surprising update” was that the company’s inventories were growing again month-over-month. Analysts believe that the company’s exposure to lagging WFE technology is significantly higher than average, which neither the company nor the industry has noticed, meaning that “the largest semiconductor company is expected to easily outperform the entire industry this year.”

Stifel: Raised Applied Materials (NASDAQ:AMAT) price target to $140 from $132 with maintaining Buy rating Read Post »

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