Morgan Stanley has upgraded Jefferies Financial Group (JEF) from 'Equal-Weight' to 'Overweight', raising its price target to $78.00 from $74.00. This upgrade comes amidst varying analyst ratings for JEF, with an average target price of $70.40 from five analysts, suggesting a 19.71% upside from its current price of $58.81. GuruFocus estimates, however, suggest a fair value of $47.32, indicating a potential downside for the stock.

<p>Morgan Stanley has upgraded Jefferies Financial Group (JEF) from 'Equal-Weight' to 'Overweight', raising its price target to $78.00 from $74.00. This upgrade comes amidst varying analyst ratings for JEF, with an average target price of $70.40 from five analysts, suggesting a 19.71% upside from its current price of $58.81. GuruFocus estimates, however, suggest a fair value of $47.32, indicating a potential downside for the stock.</p>

Jefferies Financial Group (JEF) Upgraded by Morgan Stanley | JEF Stock News