Goldman Sachs keeps a Buy rating with a $40 price target on Jefferies Financial Group, which is added to the firm’s Conviction List, citing a belief that the company is well-positioned to gain share, driven by its “underappreciated” investment in people, an improving ECM landscape, and its partnership with Sumitomo. The firm, which is updating its Conviction List – Director’s Cut with its September note, is removing Macy’s (M).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on JEF:
- AppLovin upgraded, Genpact downgraded: Wall Street’s top analyst calls
- Jefferies Financial upgraded to Buy from Neutral at Goldman Sachs
- Opening Day: Golf putter maker soars in debut, becomes best IPO of 2023
- DraftKings upgraded, Coinbase downgraded: Wall Street’s top analyst calls
- Jefferies upgraded to Equal Weight from Underweight at Morgan Stanley
Questions or Comments about the article? Write to editor@tipranks.com