Morgan Stanley Reiterates Underweight on Jefferies Financial Gr, Maintains $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny reiterated an Underweight rating on Jefferies Financial Group (NYSE:JEF) and maintained a $27 price target.

June 21, 2023 | 1:04 pm
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Morgan Stanley's Ryan Kenny reiterated an Underweight rating on Jefferies Financial Group (NYSE:JEF) and maintained a $27 price target.
The reiteration of an Underweight rating by Morgan Stanley's analyst Ryan Kenny indicates a negative outlook for Jefferies Financial Group's stock in the short term. The maintained $27 price target also suggests that the analyst believes the stock is overvalued at its current price, which could lead to a downward pressure on the stock price.
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IMPORTANCE 80
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