The Latest Breaking News from Jefferies

 

Take-Two Interactive Software Inc's (NASDAQ:TTWO) Rockstar Games said a new game in the Grand Theft Auto series is developing. The studio also announced the release of Grand Theft Auto V on the newest consoles, the PlayStation 5 and Xbox Series X, for March 15. Analyst Ratings: Jefferies analyst Andrew Uerkwitz reiterated a Buy rating and $231 price…

Upgrades

Upgrades

Netflix Inc (NASDAQ: NFLX) is trading lower Monday following bearish analyst coverage from Jefferies.  Jefferies analyst Andrew Uerkwitz downgraded Netflix from a Buy rating to a Hold rating and lowered the price target from $737 to $415.

Jefferies analyst Andrew Uerkwitz downgraded Netflix Inc (NASDAQ:NFLX) to Hold from Buy with a price target of $415, down from $737, suggesting an 11% upside. Uerkwitz sees a path to a Buy rating. However, he "lacks the conviction" given too much uncertainty in the near term.  Related Content: Netflix Stock Plummets 20%: A Technical Analysis Current…

Ford Motor Company (NYSE: F) shares have had a nice run-up since hitting a double-bottom in early September. Wary of the pricier valuation, an analyst at Jefferies chose to move to the sidelines.

Ford Motor Company (NYSE: F) shares are trading lower after Jefferies downgraded the stock from Buy to Hold and announced a $25 price target. Over the past 5 trading sessions, Ford's stock has dropped approximately 10% from the $24 level to the $21 level.

Jefferies analyst Philippe Houchois bumped his price target on Ford to $25 per share, but lowered his rating to 'hold' as the carmaker ramps-up its electric vehicle push.