Jefferies Financial Group (NYSE:JEF – Get Free Report) had its price target lowered by research analysts at Morgan Stanley from $81.00 to $75.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock.

Morgan Stanley analyst Ryan Kenny lowered the firm’s price target on Jefferies Financial (JEF) to $75 from $81 and keeps an Overweight rating

Jefferies is an oddity among financial firms. Its fiscal year starts on December 1, so its quarterly earnings appear a month before rivals, which generally begin their year in January instead. Since Jefferies chief Rich Handler is among Wall Street’s longest-tenured CEOs,