Research Analyst Videos & Views

Please refer to Jefferies' important disclosure.

Spie (SPIE FP)
James Winckler, CFA
Equity Research Analyst – Business Services
July 3, 2018

Key Takeway
While Spie’s Q2 results on July 27 are likely to show continued solid organic growth, we expect weaker cash flow, leverage, and margin metrics to support our Underperform thesis.

Apparel Strength - Conversations with ADAY Co-Founders
Randy Konik – Equity Research Analyst - Consumer
Interviews Meg He and Nina Faulhaber
June 29, 2018

Key Takeway
T.J. Thornton and Randy Konik came away from the Jefferies Consumer Conference in Nantucket with incremental confidence in the health of the U.S. consumer and the positive backdrop for retailers.

Identity & Access - Materially Underestimated Opportunity
John DiFucci
Equity Research Analyst – Software
June 27, 2018

Key Takeway
We published this report as a primer on the Identity and Access Management (IAM) market.

Jefferies 2018 Healthcare Conference Recap
Healthcare Equity Research Team
June 11, 2018

Key Takeway
Jefferies hosted 400+ companies at the Global Healthcare Investor Conference in New York.

Feedback on Naspers Assumption of Coverage
Ken Rumph
Equity Research Analyst – Internet
June 11, 2018

Key Takeway
Naspers is clearly seen by investors as an asset (not operating) story, with a focus on reasons for the widening discount.

Looking for the Next Leg of Outperformance
Mark Lear, CFA
Equity Research Analyst - Oil & Gas Exploration & Production
May 23, 2018

Key Takeway
We discuss why we remain constructive on the E&Ps, as well as the recent topic of Permian basis and our top picks for exposure.

Pullback in MAS and OC Creating Buying Opportunity
Philip Ng, CFA
Equity Research Analyst – Building Products & Construction Materials
May 23, 2018

Key Takeway
After seeing a perfect storm in 1Q18 with rates rising, bad weather, and inflation, the group has sold off and the market is pricing in a cyclical peak, which we believe is overdone.

Jefferies 2018 Technology Conference Recap
Technology Equity Research Team
May 16, 2018

Key Takeway
Jefferies hosted 105 companies at the Technology Group Investor Conference in Beverly Hills on May 9th and 10th.

Timberlake Got His Suit & Tie Now So Do I, TLRD to Buy
Randy Konik
Equity Research Analyst - Department Stores & Specialty Softlines
May 16, 2018

Key Takeway
This week we upgraded Tailored Brands to Buy and raised our target to $40 PT.

Alcoa (AA) Multiple Expansion Is Likely
Chris LaFemina, CFA
Equity Research Analyst - Metals & Mining
May 11, 2018

Key Takeway
We recently launched coverage on Alcoa with a Buy rating and $65 per share target price. Our Buy rating is based on Alcoa’s competitive positioning, its relatively low risk business model, its strategy and its valuation.