Goldman Sachs Initiates Stifel Financial With Buy

Goldman Sachs initiated coverage on

with a Buy rating. The target price for Stifel Financial is set to $56. Stifel Financial shares have gained 8.92% over the past 52 weeks, while the S&P 500 index has surged 12.47% in the same period. Stifel Financial's shares fell 1.30% to close at $50.19 yesterday.