A post by @FirstSquawk on X.

Jefferies lifted its price target on U.K. pub operator J D Wetherspoon to 1,190p from 840p, a roughly 42% increase. The revision implies significant upside from the stock's recent trading level, though the note did not disclose a change to the broker's rating. The move signals growing sell-side confidence in the pub chain's outlook. Investors will watch whether other brokers follow with upgrades and how the shares react at the next open.