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Raymond James upgrades this ‘Magnificent Seven’ titan as AI-driven growth accelerates
Raymond James' new price target upside of more than 20%.
14 words~1 min read
Raymond James' new price target upside of more than 20%.
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Raymond James sees shares of Genuine Parts Company rallying 25% from here.

Sentiment toward this Mag 7 stock has strengthened as it's increasingly seen as a leader in generative AI.

Analyst Wilma Burdis double upgraded the alternative investment manager to a strong buy from a market perform.

Key catalysts, including the potential for more price hikes, are driving analyst Jason Bazinet’s upgrade.

Raymond James also pointed to Apple's existing broad user base, which could make incremental gains more difficult to attain.

The investment bank upgraded the identity and access management stock to outperform from market perform.