Imdex Rallies Too Hard for Jefferies to Stay Bullish -- Market Talk

Dow Jones

May 07

2301 GMT [Dow Jones]--Imdex's 33% share price rise since late March costs it a bull. Jefferies downgrades Imdex to hold, from buy, even as its price target moves 13% higher to A$4.80. Imdex ended Wednesday at A$4.43. Analyst John Campbell says Imdex's 3Q metrics were broadly in line with expectations. Revenue for that quarter hit an all-time, pointing to a solid underlying run-rate. Jefferies says 2H consensus forecasts suggest 4Q could be challenging. Still, it highlights the upcoming summer drilling program in North America and says commodity prices are supportive for raisings. "Contributions from acquisitions will assist, offset to a degree by FX," Jefferies adds. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 06, 2026 19:03 ET (23:03 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2633166857"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2633166857\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2633166857?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-07 07:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2633166857","market":"sh","top_or_hot":-1,"title":"Imdex Rallies Too Hard for Jefferies to Stay Bullish -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2301 GMT [Dow Jones]--Imdex's 33% share price rise since late March costs it a bull. Jefferies downgrades Imdex to hold, from buy, even as its price target moves 13% higher to A$4.80. Imdex ended Wednesday at A$4.43. Analyst John Campbell says Imdex's 3Q metrics were broadly in line with expectations. Revenue for that quarter hit an all-time, pointing to a solid underlying run-rate. Jefferies says 2H consensus forecasts suggest 4Q could be challenging. Still, it highlights the upcoming summer drilling program in North America and says commodity prices are supportive for raisings. \"Contributions from acquisitions will assist, offset to a degree by FX,\" Jefferies adds.  (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 06, 2026 19:03 ET (23:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Imdex Rallies Too Hard for Jefferies to Stay Bullish -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nImdex Rallies Too Hard for Jefferies to Stay Bullish -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-07 07:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2301 GMT [Dow Jones]--Imdex's 33% share price rise since late March costs it a bull. Jefferies downgrades Imdex to hold, from buy, even as its price target moves 13% higher to A$4.80. Imdex ended Wednesday at A$4.43. Analyst John Campbell says Imdex's 3Q metrics were broadly in line with expectations. Revenue for that quarter hit an all-time, pointing to a solid underlying run-rate. Jefferies says 2H consensus forecasts suggest 4Q could be challenging. Still, it highlights the upcoming summer drilling program in North America and says commodity prices are supportive for raisings. \"Contributions from acquisitions will assist, offset to a degree by FX,\" Jefferies adds.  (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 06, 2026 19:03 ET (23:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLSX","symbol_name":"Tradr 2X Long BLSH Daily ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633166857","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633166857","pubTimestamp":1778108580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2301 GMT [Dow Jones]--Imdex's 33% share price rise since late March costs it a bull. Jefferies downgrades Imdex to hold, from buy, even as its price target moves 13% higher to A$4.80. Imdex ended Wednesday at A$4.43. Analyst John Campbell says Imdex's 3Q metrics were broadly in line with expectations. Revenue for that quarter hit an all-time, pointing to a solid underlying run-rate. Jefferies says 2H consensus forecasts suggest 4Q could be challenging. Still, it highlights the upcoming summer drilling program in North America and says commodity prices are supportive for raisings. \"Contributions from acquisitions will assist, offset to a degree by FX,\" Jefferies adds.  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BLSX":"Tradr 2X Long BLSH Daily ETF","BLSG":"2倍做多BLSH ETF-Leverage Shares","IMD.AU":"IMDEX LTD","BK4112":"金融交易所和数据","BK7095":"多种金属与采矿"},"translate_title":"Imdex上涨幅度太大，杰富瑞(Jefferies)无法保持看涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IMD.AU":1.95,"BLSX":0.6,"BLSG":0.6},"content_text":"2301 GMT [Dow Jones]--Imdex's 33% share price rise since late March costs it a bull. Jefferies downgrades Imdex to hold, from buy, even as its price target moves 13% higher to A$4.80. Imdex ended Wednesday at A$4.43. Analyst John Campbell says Imdex's 3Q metrics were broadly in line with expectations. Revenue for that quarter hit an all-time, pointing to a solid underlying run-rate. Jefferies says 2H consensus forecasts suggest 4Q could be challenging. Still, it highlights the upcoming summer drilling program in North America and says commodity prices are supportive for raisings. \"Contributions from acquisitions will assist, offset to a degree by FX,\" Jefferies adds.  (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 06, 2026 19:03 ET (23:03 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}