Initiated Market Perform X

RJF Raymond James

BMO Capital Markets

$180

Downgrades Buy Neutral X

RJF Raymond James

BofA Securities

$159

Downgrades Overweight Neutral X

RJF Raymond James

JP Morgan

$151 $166

Upgrades Neutral Buy X

RJF Raymond James

Goldman

$161 $185

Downgrades Overweight Eq Weight X

RJF Raymond James

Wells Fargo

$152 $169

Upgrades Mkt Perform Mkt Outperform X

RJF Raymond James

JMP Securities

$146

Initiated Overweight X

RJF Raymond James

Wells Fargo

$138

Downgrades Outperform Peer Perform X

RJF Raymond James

Wolfe Research

Upgrades Neutral Overweight X

RJF Raymond James

JP Morgan

$110 $135

Initiated Market Perform X

RJF Raymond James

TD Cowen

$121

Downgrades Buy Neutral X

RJF Raymond James

Goldman

$125 $116

Initiated Neutral X

RJF Raymond James

JP Morgan

$121

Initiated Buy X

RJF Raymond James

BofA Securities

$122

Resumed Equal-Weight X

RJF Raymond James

Morgan Stanley

$112

Downgrades Outperform Mkt Perform X

RJF Raymond James

Keefe Bruyette

$130 $120

Initiated Neutral X

RJF Raymond James

UBS

$127

Initiated Neutral X

RJF Raymond James

Credit Suisse

$120

Initiated Neutral X

RJF Raymond James

Citigroup

$117

Downgrades Mkt Outperform Mkt Perform X

RJF Raymond James

JMP Securities

Initiated Buy X

RJF Raymond James

Jefferies

$150

Upgrades Underweight Overweight X

RJF Raymond James

Wells Fargo

$120

Upgrades Sell Buy X

RJF Raymond James

Goldman

$82 $110

Upgrades Peer Perform Outperform X

RJF Raymond James

Wolfe Research

$89 $111

Initiated Buy X

RJF Raymond James

Argus

$92

Initiated Neutral X

RJF Raymond James

Goldman

$85

Downgrades Buy Neutral X

RJF Raymond James

Citigroup

Upgrades Mkt Perform Mkt Outperform X

RJF Raymond James

JMP Securities

Upgrades Neutral Buy X

RJF Raymond James

Citigroup

Upgrades Neutral Buy X

RJF Raymond James

Goldman

Upgrades Underperform Neutral X

RJF Raymond James

Credit Suisse

Initiated Mkt Perform X

RJF Raymond James

Bernstein

Upgrades Mkt Perform Outperform X

RJF Raymond James

Keefe Bruyette

RJF  Raymond James Financial, Inc.

Raymond James Financial, Inc. (RJF) is a financial holding company. The Company's subsidiaries include Raymond James & Associates, Inc. (RJ&A), Raymond James Financial Services, Inc. (RJFS), Raymond James Financial Services Advisors, Inc. (RJFSA), Raymond James Ltd. (RJ Ltd.), Eagle Asset Management, Inc. (Eagle), and Raymond James Bank, NA (RJ Bank). It operates through five segments: Private Client Group (PCG), Capital Markets, Asset Management, RJ Bank and the Other segment. The Private Client Group segment includes the retail branches of the Company's broker-dealer subsidiaries located throughout the United States, Canada and the United Kingdom. The Capital Markets segment includes institutional sales and trading in the United States, Canada and Europe. The Asset Management segment includes the operations of Eagle, the Eagle Family of Funds and other fee-based asset management programs. RJ Bank segment provides corporate loan, securities based loans (SB) and residential loans.