
Shares of investment bank Jefferies Financial Group JEF.N rise 2.66% to $63.48 in afternoon session
Oppenheimer raised JEF PT to $97 from $81, citing recovering deal activity and expectation of 25%-plus EPS growth in 2027
New PT represents 56.8% upside to its last close
JEF is "underfollowed and undervalued" bank, which has delivered long‑term share gains without added balance‑sheet risk, Oppenheimer says
As JEF divests businesses acquired in its 2013 merger with Leucadia, it will likely realize gains that will fund share buybacks, brokerage says
5 of 6 brokerages rate the stock "buy" or higher, 1 "hold"; median PT is $76 — data compiled by LSEG
As of last close, JEF down 21.1% YTD