Jefferies Financial Group Stock Surges After Upgrade
Jefferies Financial Group (JEF) stock is up 6.8% to $52.12 after receiving an upgrade to "outperform" from "perform" at Oppenheimer.
The firm praised Jefferies' investor day presentation, despite a double-digit drop following the event. JEF has struggled this year, down 33.7% in 2025.
Bank stocks are looking to bounce back after a steep pullback triggered by bad loans. Yesterday's pullback was captured by the long-term support at the $48 region.
- Three of five analysts carried a "hold" recommendation, leaving room for more upgrades.
- Puts have been more popular than usual over the last two weeks, per JEF's 10-day put/call volume ratio of 1.
No specific quote available.
Author's summary: JEF stock surges after upgrade to "outperform".