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 rises on the day but falls for the week; bond yields and Iran in focus
Major U.S. stock indexes finished Friday higher, but recorded weekly declines. Investors reacted to fluctuating government bond yields and Middle East developments. Stronger services sector
August 21, 2026