Jefferies, Interactive Brokers, Evercore, LendingClub, and PROG Shares Plummet, What You Need To Know
Several financial stocks, including Jefferies, Interactive Brokers, Evercore, LendingClub, and PROG, experienced significant drops after a stronger-than-anticipated Producer Price Index (PPI) report indicated persistent wholesale inflation. The unexpected inflation data dampened hopes for near-term interest rate cuts from the Federal Reserve, leading to a broad market sell-off. LendingClub's shares, in particular, showed extreme volatility, despite having reported strong financial results in the previous quarter.
FEB 25·Nasdaq→
Ex-Dividend Reminder: StepStone Group, Evercore and Interactive Brokers Group
This article serves as an ex-dividend reminder for StepStone Group (STEP), Evercore (EVR), and Interactive Brokers Group (IBKR), all of which will trade ex-dividend on February 27, 2026. It details their upcoming quarterly dividend payments and their approximate impact on stock prices. The article also highlights Evercore Inc Class A as a "future dividend aristocrats contender" with 18+ years of dividend increases, providing historical dividend charts for each company.
FEB 4·Investing.com India▲
Evercore Partners stock price target raised to $381 from $376 at Morgan Stanley
Morgan Stanley has increased its price target for Evercore Partners (NYSE:EVR) to $381 from $376, while maintaining an Equalweight rating. This adjustment reflects updated earnings projections for 2026 and 2027, driven by anticipated increases in advisory revenues and other fees. Evercore's strong financial performance, including a 27.03% revenue growth and a market capitalization of $13.8 billion, along with recently reported robust Q4 2025 results, support Morgan Stanley's positive outlook.