Jefferies Initiates SPX With Hold

Analysts at Jefferies initiated coverage on shares of SPX SPW with a “hold” rating. The target price for SPX is set to $115. SPX shares have surged 45.40% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period. SPX's shares declined 2.04% to close at $108.16 yesterday.