Skip to main content

Market Overview

UPDATE: Raymond James Upgrades KCG Following Investor Dinner


In a report published Monday, Raymond James analyst Patrick O'Shaughnessy upgraded the rating on KCG Holdings (NYSE: KCG) from Market Perform to Outperform, and named a $13.00 price target.

In the report, Raymond James noted, “We are upgrading shares of KCG Holdings to Outperform from Market Perform and establishing a target price of $13. After hosting an investor dinner with KCG management last week we are more confident that legacy Getco business has stabilized in recent quarters. In addition, we are encouraged by updated cost synergy guidance that provides more certainty around improved earnings over the next several quarters.”

KCG closed on Friday at $10.65.

Latest Ratings for KCG

Apr 2017Wells FargoDowngradesOutperformMarket Perform
Oct 2016BarclaysMaintainsEqual-Weight
Aug 2016BarclaysMaintainsEqual-Weight

View More Analyst Ratings for KCG
View the Latest Analyst Ratings


Related Articles (KCG)

View Comments and Join the Discussion!

Posted-In: Patrick O'Shaughnessy Raymond JamesAnalyst Color Upgrades Analyst Ratings

Latest Ratings

GIKColliers SecuritiesInitiates Coverage On14.0
SANWLake StreetInitiates Coverage On6.0
LILAMorgan StanleyDowngrades15.0
BEJP MorganUpgrades36.0
NEXACredit SuisseUpgrades11.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at