What exactly did Raymond James change about the BMO analyst rating?

On Feb 13, 2026, Raymond James upgraded Bank of Montreal from Market Perform to Outperform. The public note reported no new price target and the stock moved **+0.07% ($0.1)** on the news.

Does the BMO analyst rating upgrade include a new price target?

No. The published upgrade did not include a new BMO price target. Raymond James raised its stance to Outperform but did not attach a numeric target in the public summary.

How should investors interpret this BMO analyst rating change?

Treat the upgrade as a signal of analyst confidence, not a standalone buy order. Combine the BMO analyst rating change with earnings, dividend safety, and macro outlook before adjusting allocations.

What is Meyka AI’s view on BMO after the upgrade?

Meyka AI rates BMO **B+**, reflecting relative outperformance potential versus several benchmarks. The grade considers S&P 500 comparison, sector trends, growth, key metrics, and analyst consensus, and is not investment advice.

Analyst Ratings

Bank of Montreal (BMO) upgraded to Outperform by Raymond James Feb 13, 2026

ByHuzaifa Zahoor February 14, 2026February 14, 2026

Raymond James upgraded Bank of Montreal (BMO) from Market Perform to Outperform on Feb 13, 2026, marking the clearest analyst vote of confidence for the stock this month. This BMO analyst rating change was reported by TheFly and came without an attached public price target, while the stock showed a modest immediate move of +0.07% ($0.1). The upgrade signals that Raymond James expects BMO to deliver relative earnings or valuation upside versus peers. We examine the upgrade details, market reaction, historical analyst coverage, and what the change means for investors.