Jefferies Initiates Federated Investors With Buy

Analysts at Jefferies initiated coverage on Federated Investors

with a Buy rating. The target price for Federated Investors is set to $35. Federated Investors shares have gained 6.69% over the past 52 weeks, while the S&P 500 index has surged 19.89% in the same period. Federated Investors' shares gained 1.45% to close at $30.14 yesterday.