Keefe Bruyette & Woods Has Market Perform Rating On Stifel Financial (SF)

Keefe Bruyette & Woods has a Market Perform rating and a $73 price target on shares of Stifel Financial SF.

In a note to clients, KBW writes, "We spent two days with Stifel's CEO Ron Kruszewski last week and we continue to believe that Stifel represents a solid growth story in the financials industry. The firm remains focused on achieving its target of doubling its financial advisor force, building out its banks subsidiary, and realizing the full potential of its institutional business. However, given its current valuation, we believe that further potential upside in SF is limited."

Shares of SF lost 8 cents yesterday to close at $72.98, a loss of 0.1%.