Small caps to beat large next year as economy broadens out, M&A picks up, Jefferies says
Jefferies believes that small-cap stocks will usurp their larger counterparts in 2026 to lead the market higher. In a Tuesday note to clients, Jefferies strategist Steven DeSanctis set his 2026 year-end target for the Russell 2000 small-cap index to 2,825. DeSanctis is known as a top small-caps analyst on Wall Street. The Russell 2000 has…