Jefferies Group (JEF) NewsBite - JEF Upgraded By EVA Dimensions, LLC
Posted: Tuesday, February 09, 2010 1:31 PM EDT
By: Market Intelligence Center Staff
Jefferies Group (JEF) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $25.15, up $0.33 (1.31%) on volume of 545,156 shares traded. EVA Dimensions, LLC upgraded the stock today to Buy from Overweight. Over the last 52 weeks the stock has ranged from a low of $8.04 in March to a high of $30.99 in October. Jefferies Group stock has been showing support around $24.32 and resistance in the $25.74 range. Technical indicators for the stock are bullish and S&P gives JEF a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on JEF the stock seems like it could be a candidate for an April out-of-the-money bull-put credit spread below the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
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