Jefferies Says Momentum Continues To Build Across Investment Banking Business; Increasingly Optimistic About H2 Of 2024 And 2025 Based On Its Backlog And Trends
Portfolio Pulse from Benzinga Newsdesk
Jefferies is optimistic about the future of its investment banking business, citing a strong backlog and positive trends. The firm expects momentum to continue building into the second half of 2024 and 2025.
June 26, 2024 | 8:24 pm
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Jefferies is increasingly optimistic about its investment banking business, expecting strong momentum into the second half of 2024 and 2025 due to a robust backlog and positive trends.
Jefferies' positive outlook on its investment banking business, supported by a strong backlog and favorable trends, is likely to boost investor confidence and drive the stock price up in the short term.
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