Jefferies Financial Group Stock Surges After Upgrade
Jefferies Financial Group (JEF) stock is up 6.8% to $52.12 after Oppenheimer upgraded it to "outperform" from "perform".
The firm praised Jefferies' investor day presentation, despite a double-digit drop following the event. Bank stocks are looking to bounce back after a steep pullback triggered by bad loans.
JEF has struggled this year, down 33.7% in 2025, but yesterday's pullback was captured by 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.
Oppenheimer upgraded JEF to "outperform" from "perform", praising the company's investor day presentation.
Author's summary: JEF stock surges after Oppenheimer upgrade.