Struggling Finance Stock Lands Fresh Analyst Praise
Jefferies Financial Group (JEF) stock is surging today after receiving an upgrade to "outperform" at Oppenheimer.
Shares of Jefferies Financial Group Inc (NYSE:JEF) are up 6.8% to trade at $52.12, after the finance name received an upgrade to "outperform" from "perform" at Oppenheimer.
The firm praised Jefferies' investor day presentation, despite the security's double-digit drop following the event.
Bank stocks have been making headlines, looking to bounce back after a steep pullback triggered by bad loans.
JEF has struggled this year, down 33.7% in 2025.
Yesterday's pullback was captured by the long-term support at the $48 region, however, paring any further losses.
Coming into today, three of the five analysts in coverage carried a "hold" recommendation, leaving room for more upgrades.
Puts have been much 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 summary: JEF stock surges after Oppenheimer upgrade.