Keefe, Bruyette & Woods Reiterates Outperform Rating On St. Joe Company

According to Keefe, Bruyette & Woods, St. Joe Company JOE Outperform rating is reiterated. Keefe, Bruyette & Woods said that it is reiterating its Outperform after a 2Q sell-off has brought shares back just below December lows. “The shares are, in our view, at just above all-timber pricing ($18/sh) - a compelling value.” St. Joe Company closed yesterday at $19.28.