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St. Joe (NYSE:JOE) was upgraded by equities research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $25.00 price objective on the stock. Raymond James’ target price points to a potential upside of 15.79% from the stock’s previous close.

The analysts wrote, “Watersound”

Separately, analysts at Zacks upgraded shares of St. Joe from a “neutral” rating to an “outperform” rating in a research note on Thursday, March 20th. They now have a $23.00 price target on the stock.

Shares of St. Joe (NYSE:JOE) traded up 3.66% during mid-day trading on Friday, hitting $22.38. 177,308 shares of the company’s stock traded hands. St. Joe has a 52-week low of $16.82 and a 52-week high of $23.28. The stock’s 50-day moving average is $19.15 and its 200-day moving average is $18.59. The company has a market cap of $2.065 billion and a price-to-earnings ratio of 4.85.

St. Joe (NYSE:JOE) last issued its quarterly earnings data on Thursday, May 8th. The company reported $4.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $4.38. The company had revenue of $594.10 million for the quarter, compared to the consensus estimate of $28.10 million. On average, analysts predict that St. Joe will post $0.02 earnings per share for the current fiscal year.

The St. Joe Company owns land, timber and resort assets located primarily in Northwest Florida, Jacksonville, Florida and Tallahassee, Florida.

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