Raymond James initiates coverage on Kearny Financial; shares gain
27/08/2026 17:28
BUZZ-Raymond James initiates coverage on Kearny Financial; shares gain ** Kearny Financial KRNY.O shares gain 1.2% to $9.96
** Raymond James initiates coverage with "outperform" rating; PT $11** Brokerage says "current valuation levels leave room for further upside as the earnings and profitability recovery progresses, supporting a favorable near-term risk/reward profile"
** Raymond James also expects credit quality to "remain solid through the cycle"
** In July, KRNY posted a rise in Q4 net interest income
** Including session's moves, the stock is up 34.1% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
Recent news on Kearny Financial
See all newsKearny Financial Corp reports results for the quarter ended September 30 - Earnings Summary
Kearny Financial Q1 net income rises, helped by loan growth
Brief: Kearny Financial Q1 Net Interest Income USD 40.08 Million
Kearny Financial Corp expected to post earnings of 17 cents a share - Earnings Preview
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