Keefe, Bruyette & Woods Upgrades Stifel Financial and Lowers PT

According to a recent report, Keefe, Bruyette & Woods has updated Stifel Financial SF from an Outperform rating to a Market Perform rating and has lowered the price target to $47.00. In the report, Keefe, Bruyette & Woods said, "We are upgrading Stifel Financial to Outperform from Market Perform on valuation as the shares currently offer potential upside of 28% to our revised price target." Stifel Financial closed Friday at $36.80.