Jefferies said FY24 guidance suggests a weak demand outlook and therefore cut its FY24-25 estimates by 3-6%. It sees potential stock fall on weak Q4 results as an attractive buying opportunity. Key risks include weaker revenue growth, lower margin, unfavourable currency and corporate action, the brokerage said.
US stocks: US market rebounds, but yield surge sets stage for weekly losses
Major Wall Street indexes opened higher on Friday after significant declines. The Dow Jones Industrial Average saw a slight increase at the opening. The S&P
August 21, 2026