Morgan Stanley, BMO Capital Increase Jefferies Financial (JEF) Price Targets before Q2 Results

June 14, 2026 - 08:28

Jefferies Financial Group Inc. (NYSE:JEF) is seeing renewed attention from Wall Street analysts as the company prepares to release its second-quarter earnings. On June 9, Morgan Stanley raised its price target on the stock to $50, up from a previous target of $44. The firm kept an Equal Weight rating on the shares. The adjustment came as analysts updated their financial models and estimates for the investment bank and financial services firm.

The new target from Morgan Stanley reflects a more optimistic outlook on Jefferies' near-term performance. Analysts cited improving market conditions and a stronger pipeline for investment banking fees as key factors behind the revision. The firm's updated estimates suggest that Jefferies could benefit from a rebound in dealmaking activity, which has been sluggish over the past year.

BMO Capital Markets also increased its price target on Jefferies, signaling broad confidence in the stock ahead of the earnings report. Both firms are positioning for what they expect to be a solid quarter, driven by higher revenue from trading and advisory services.

Jefferies is also recognized as a strong dividend payer. The stock is included on a list of the 10 best value dividend stocks to buy now, according to Warren Buffett's investment criteria. This dual appeal of income and growth potential makes JEF a stock worth watching as earnings season approaches.