Morgan Stanley Maintains Equal-Weight on Jefferies Financial Gr, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny has maintained an Equal-Weight rating on Jefferies Financial Group (NYSE:JEF) while raising the price target from $59 to $64.
September 23, 2024 | 5:05 pm
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Morgan Stanley has maintained its Equal-Weight rating on Jefferies Financial Group but increased the price target from $59 to $64, indicating a positive outlook.
The increase in the price target from $59 to $64 by Morgan Stanley suggests a positive outlook for Jefferies Financial Group, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100