Jefferies Financial shares are trading higher after Morgan Stanley upgraded the stock from Underweight to Equal-Weight and raised its price target from $27 to $36.
Portfolio Pulse from Benzinga Newsdesk
Jefferies Financial's stock has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a raised price target from $27 to $36. This has resulted in Jefferies Financial shares trading higher.
July 12, 2023 | 3:34 pm
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POSITIVE IMPACT
Jefferies Financial's stock has been upgraded by Morgan Stanley, leading to a rise in its share price. The price target has been raised from $27 to $36.
The upgrade from Morgan Stanley is a positive signal for Jefferies Financial. It indicates that the financial institution sees potential in the company's stock, leading to a rise in its share price. The raised price target also suggests that Morgan Stanley expects the stock's value to increase in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100