The Latest Breaking News from Jefferies

Read Why Jefferies Sees Sharp Upside In This Thrift Store Operator

Jefferies analyst Ashley Helgans initiated coverage of ThredUp Inc (NASDAQ:TDUP) with a Buy rating and $13 price target, implying a 57% upside. Ashley noted ThredUp is uniquely positioned in the resale industry as the only managed marketplace for mass apparel and footwear. ThredUp is an online resale platform for women and kids apparel, shoes, and accessories.…

Benzinga · Mar 18, 2022

Jefferies Lists Preferred Semiconductor Capital Equipment Stocks

Jefferies analyst Mark Lipacis' analysis of transistor count in CPUs supported his thesis of secular demand for wafer fab equipment.

Benzinga · Mar 18, 2022

Read Why Jefferies Sees 10% Upside In This E-Commerce Company

Jefferies analyst Ashley Helgans initiated coverage of Poshmark Inc (NASDAQ:POSH) with a Hold rating and $14 price target, implying a 10.67% upside. Ashley thinks the asset-light model, higher user engagement, and industry backdrop could turn out to be in its favor. The analyst is doubtful about offsets from the IDFA (identifier for advertisers) impact, reliance…

Benzinga · Mar 18, 2022

CrowdStrike Shares Soar Premarket As Analysts Paint Huge Upsides Post Q4

Analysts painted a sharp upside to CrowdStrike Holdings Inc (NASDAQ:CRWD) after it reported a stronger than expected Q4 and initial FY23 growth outlook. ARR rose 65% Y/Y and grew to $1.73 billion, of which $216.9 million was net new ARR added in Q4. BTIG analyst Gray Powell upgraded to Buy from Neutral with a $257 PT (51.4%…

Benzinga · Mar 10, 2022

Why Are Caterpillar Shares Surging Today?

Caterpillar Inc (NYSE: CAT) is leading the Dow Jones higher Tuesday after Jefferies analyst Stephen Volkmann upgraded the stock from a Hold rating to a Buy rating and raised the price target from $215 to $260.

Benzinga · Mar 8, 2022

Jefferies Turns Bullish On Caterpillar, Raises Price Target By 21%

Jefferies analyst Stephen Volkmann upgraded Caterpillar Inc (NYSE:CAT) to Buy from Hold and raised the price target to $260 (an upside of 26%) from $215. Volkmann's prior Hold rating had been based on concerns that constrained CAPEX and ESG themes in mining and oil and gas markets that accounted for about 40% of Caterpillar revenue,…

Benzinga · Mar 8, 2022

Jefferies Raises Price Target On This Small-Cap 'Stand Out' Biotech Stock

Ardelyx Inc (NASDAQ:ARDX) shares are trading higher after Jefferies upgraded shares to Buy from Hold and raised the price target on the stock to $5 from $1. Analyst Chris Howerton thinks Ardelyx "stands out" given that the Company has an approved IBS-C product, Isbrela, that will launch in April and whose commercial…

Benzinga · Mar 2, 2022

Read Why Did Jefferies Downgrade Gemini Therapeutics To Hold

Jefferies has cut Gemini Therapeutics Inc (NASDAQ: GMTX) to Hold as the Company explores alternatives.

Benzinga · Mar 1, 2022

Why This Analyst Is So Impressed With GoPro Right Now

GoPro Inc’s (NASDAQ: GPRO) online strategic realignment to a subscription-based model has been impressive, enabling the company to expand margins and offer “greater go-forward visibility,” according to Jefferies.

Benzinga · Feb 28, 2022

Benzinga's Top Ratings Upgrades, Downgrades For February 28, 2022

Upgrades

Benzinga · Feb 28, 2022