Morgan Stanley lowered the firm’s price target on Jefferies Financial (JEF) to $54 from $55 and keeps an Equal Weight rating on the shares after the company reported EPS of 40c, which compares to consensus of 44c and a firm estimate of 39c. The quarter itself had some “pushes and pulls,” with activity improving in May, who is lowering the firm’s price target by $1 primarily on lower fixed income trading revenues. The firm expects stock action to be “choppy” today as the market digests the mixed quarter, the analyst added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JEF:
- Jefferies: Balancing Growth in Equities and Advisory with Challenges in Fixed Income and Expenses
- Jefferies Financial Group Reports Q2 2025 Earnings
- Jefferies reports Q2 EPS 40c, consensus 44c
- Jefferies Financial Group options imply 4.0% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, June 25, 2025