Bank Of America Is Bullish On Raymond James: 'Diversified Approach Shines Through' - Raymond James Finl (NYSE:RJF)

Bank Of America Is Bullish On Raymond James: 'Diversified Approach Shines Through' - Raymond James Finl (NYSE:RJF)

In a sector where fluctuating rates often dictate profits, Raymond James Financial (NYSE: RJF) is showing some resilience, underpinned by a diversified profit model that's envied by many of its interest-rate dependent peers. That's according to Bank of America Corp (NYSE: BAC) Global Securities, which is bullish on the stock. The RJF Analyst: Mark McLaughlin initiated Raymond James at a Buy with a $122 price target. The RJF Takeaways: Raymond Ja…