Jefferies

The international investment bank Jefferies sets a target price of 565 shekels for Menora Mivtachim shares and explains why it is the only one in the industry increasing profits in property auto insurance while competitors are struggling. What is behind the premium that Jefferies suggests for the stock, and where do the risks lie?

Due to the rising valuation and revenue requirements for issuers on Wall Street, Jefferies recommends that Israeli tech companies begin their public life in Tel Aviv, and later register overseas.