Morgan Stanley Downgrades Jefferies Citing Legal and Credit Risks

Morgan Stanley has downgraded investment bank Jefferies, citing ongoing legal and credit risks, although it still projects a significant upside for the company's shares.

9 Mar, 12:12 — 9 Mar, 12:12

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cnbcMostly Factual31d ago

Morgan Stanley downgrades this investment bank, cites ongoing legal and credit risks

Despite the downgrade, Morgan Stanley still sees shares of Jefferies rising 28% from here.

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Morgan Stanley Downgrades Jefferies Citing Legal and Credit Risks

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Morgan Stanley downgrades this investment bank, cites ongoing legal and credit risks

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