Jefferies Upgrades Waddell & Reed Financial To Buy

Analysts at Jefferies upgraded Waddell & Reed Financial

from Hold to Buy. The target price for Waddell & Reed Financial is set to $64. Waddell & Reed shares have gained 13.99% over the past 52 weeks, while the S&P 500 index has surged 22.17% in the same period. Waddell & Reed Financial's shares fell 0.35% to close at $54.50 on Friday.