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.
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, paring any further losses.
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Author's summary: JEF stock surges after Oppenheimer upgrade.