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Enter Symbol:
 
Jefferies Group, Inc. (JEF) [hlAlert]

Rating:
Mkt Perform
JEF
up 3.27 %

Jefferies Group, Inc. (JEF) upgraded to Mkt Perform by Wachovia

Posted on: Tuesday,  Oct 7, 2008  8:25 AM ET by Wachovia

Wachovia rated Mkt Perform Jefferies Group, Inc. (NYSE: JEF) on 10/07/2008. Previously Wachovia rated Underperform Jefferies Group, Inc. (NYSE: JEF) on
05/08/2008., when the stock price was $18.28. Since then, Jefferies Group, Inc. has lost 3.17% as of 10/07/2008's recent price of $17.70.
If you would have followed the previous Wachovia's recommendation on JEF, you would have gained 3.27% of your investment in 152 days.

Jefferies Group, Inc., along with its subsidiaries, operates as a full-service global investment bank and institutional securities firm serving companies and their investors. The Company offers these companies capital markets, merger and acquisition (M&A), restructuring and other financial advisory services. The Company provides investors fundamental research and trade execution in equity, equity-linked, and fixed income securities, including corporate bonds, United States government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans and emerging markets debt, as well as commodities and derivatives. Jefferies Group, Inc. also provides asset management services and products to institutions and other investors. The Company operates in two business segments: Capital Markets and Asset Management. In March 2009, Jefferies Group, Inc. completed the acquisition of Depfa First Albany Securities LLC, from DEPFA Bank plc.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/7/2008 8:25 AM Hold
None
17.70
as of 12/24/2008
1 Week up  25.58 %
1 Month up  39.72 %
3 Months down  -39.78 %
1 YTD up  11.87 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/8/2008 8:25 AM Sell
None
18.28

(*) Stock Price at the time of the recommendation.
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