These Analysts Slash Their Forecasts On Jefferies Financial After Q3 Results
Jefferies beats Q3 earnings and sales estimates, but shares fall 1.4% as analysts cut price targets despite optimistic outlook.
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Why It Matters
Jefferies did better than expected this quarter, but analysts lowered their price targets anyway. Even good news can leave room for doubt about what comes next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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