The Latest Breaking News from Jefferies

Jefferies Financial CEO's Instagram Account Gets Hacked

Jefferies Financial Group Inc (NYSE:JEF) disclosed that CEO Rich Handler's Meta Platforms Inc (NASDAQ:FB) Instagram account was hacked. "Any stories related to discounted sales of shares, crypto donations or donations to Ukraine ... that appear on that hacked Instagram account are categorically false," Jefferies said. Jefferies worked with Instagram-owner Meta to get back control…

Benzinga · May 6, 2022

What To Know About Jefferies's Downgrade of Herbalife Nutrition

Jefferies downgraded its rating of Herbalife Nutrition (NYSE:HLF) to Hold with a price target of $26.00, changing its price target from $60.00 to $26.00. Shares of Herbalife Nutrition are trading down 8.74% over the last 24 hours, at $25.16 per share.

Benzinga · May 4, 2022

Freshpet Raises $350M Via Equity Offering

Freshpet Inc (NASDAQ:FRPT) has priced the follow-on offering of 4.3 million shares at $81 per share. The offer price represents a 2.3% discount on the company’s closing price on May 3, 2022. Freshpet has also granted the underwriters a 30-day option to purchase up to 0.6 million additional shares of its common stock.…

Benzinga · May 4, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 20, 2022

Upgrades

Benzinga · Apr 20, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 11, 2022

Upgrades

Benzinga · Apr 11, 2022

Mercury Systems Stock Slips After Jefferies Downgrade

Jefferies analyst Sheila Kahyaoglu downgraded Mercury Systems Inc (NASDAQ:MRCY) to Hold from Buy and raised the price target to $65 (an upside of 4.7%) from $62. Kahyaoglu notes that the stock had increased 30% since the company released its Q2 earnings on February 1, owing to solid momentum in the Defense sector and three activist…

Benzinga · Apr 8, 2022

Adobe Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Adobe (NASDAQ:ADBE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Apr 7, 2022

Airbus Q1 Deliveries Rise 13%: Reuters

Airbus SE (OTC:EADSY) delivered between 140 and 142 aircraft in the first quarter, up about 13% year-over-year, Reuters reported, citing industry sources. According to the cited sources, 62 jets were delivered in March, at least some of which came from long-term storage. The report quoted Jefferies analyst Chloe Lemarie predicting total quarterly deliveries of…

Benzinga · Apr 6, 2022

Jefferies Downgrades PACCAR, Cuts Price Target By 15%

PACCAR Inc (NASDAQ:PCAR) has been downgraded to Hold from Buy by Jefferies analyst Stephen Volkmann. The analyst also lowered the price target to $85 (an upside of 3.4%), from $100. Volkmann believes 2023 will likely be a cycle peak versus his previous expectation for an elongated cycle. Volkmann mentioned strong backlogs support near-term deliveries but…

Benzinga · Apr 5, 2022

Xponential Fitness Shares Slip On Secondary Equity Offering By Existing Shareholders

Xponential Fitness Inc (NYSE:XPOF) commenced an underwritten public offering of 4.5 million shares of the company’s Class A common stock by certain existing stockholders, affiliates of Snapdragon Capital Partners. Underwriters granted a 30-days option to purchase up to an additional 675,000 shares. Xponential will not receive any proceeds from the sale of the…

Benzinga · Apr 4, 2022