Truist cuts target for Raymond James stock to USD 166.00

Published on 10/20/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026. Raymond James stock costs EUR 138.05 on October 20, 2026, down 2.85 percent versus Tradegate.

Target cut and reporting date

Truist Financial cut its Raymond James target to USD 166.00 from USD 188.00 on October 13, 2026.
Fiscal third-quarter 2026 revenue reached USD 3.93 billion, up 16.00 percent year over year.
Raymond James stock costs EUR 138.05 at Lang & Schwarz on October 20, 2026 at 9:49 p.m. CEST, down 2.85 percent versus the Tradegate close of October 16, 2026.
Raymond James is scheduled to report fiscal fourth-quarter 2026 results on October 28, 2026.

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Truist Financial cut its price target for Raymond James Financial to USD 166.00 from USD 188.00 on October 13, 2026, while keeping a Hold rating, according to MarketBeat. Raymond James stock was trading at EUR 138.05 at Lang & Schwarz on October 20, 2026 at 9:49 p.m. CEST, down 2.85 percent versus the Tradegate close of October 16, 2026 at EUR 142.10.

Target cut changes the valuation frame

The new Truist target sits 6.80 percent above the USD 155.43 intraday NYSE price at 3:57 p.m. ET on October 20, 2026. The same MarketBeat report said five analysts rated Raymond James Financial Buy and ten rated it Hold, producing a Hold consensus and an average target of USD 180.54.

Revenue reached USD 3.93 billion

Raymond James reported USD 3.93 billion in revenue for fiscal third-quarter 2026, up 16.00 percent from the prior-year quarter. Diluted earnings per share reached USD 3.01, while adjusted diluted earnings per share were USD 3.14, compared with USD 2.91 expected, according to Ticker Scout. The period ended June 30, 2026, and the results were released on July 22, 2026.

What date comes next?

Raymond James is scheduled to report fiscal fourth-quarter 2026 results on October 28, 2026, with adjusted earnings per share estimated at USD 3.28, according to MetaCap. The company operates across private client services, capital markets, asset management and banking.

Comparison with peers

Raymond James Financial: down 2.85 percent, price-to-earnings ratio 13.53, market capitalization USD 29.9 billion. Charles Schwab (NYSE, USD): up 1.47 percent, price-to-earnings ratio 15.51, market capitalization USD 157.2 billion. LPL Financial (NASDAQ, USD): up 1.85 percent, price-to-earnings ratio 25.68, market capitalization USD 25.4 billion.

Stock price and reporting date

The stock's current euro quote sits below the October 16 Tradegate close, while the US listing was at USD 155.43 during the October 20 session. The next scheduled company date is October 28, 2026.

Raymond James stock was trading at EUR 138.05 at Lang & Schwarz on October 20, 2026 at 9:49 p.m. CEST, down 2.85 percent versus the Tradegate close of October 16, 2026 at EUR 142.10. The further course of trading is shown by the continuously updated real-time quote of Raymond James stock.