What exactly did Jefferies change on February 16, 2026 for SFRRF?

Jefferies maintained its **Hold** rating and increased the price target to **A$18** from **A$17.50** on February 16, 2026. The update adjusted target assumptions but left the rating unchanged.

How should investors treat this SFRRF analyst rating update?

Treat the update as a modest signal of upside but not a buy endorsement. The maintained **Hold** suggests investors should monitor catalysts rather than increase position size immediately.

Does the price target rise mean Sandfire will outperform?

A **A$0.50** target increase implies limited incremental upside. Outperformance depends on commodity moves and company execution, not the single target tweak.

Where can I read the full analyst note and Meyka analysis?

Jefferies' note was reported by TheFly; view it on TheFly for details [source](https://thefly.com/permalinks/entry.php/id4293308/5362286394/SFRRF-Sandfire-Resources-price-target-raised-by-A-at-Jefferies-heres-why). See Meyka's live page for SFRRF at [Meyka SFRRF page](https://meyka.ai/stocks/SFRRF).

Analyst Ratings

Jefferies Maintains Hold on Sandfire Resources Limited (SFRRF) Feb 2026

ByHuzaifa Zahoor February 17, 2026February 17, 2026

Jefferies on February 16, 2026 maintained its Hold rating on Sandfire Resources Limited (SFRRF) while raising the price target to A$18 from A$17.50. This SFRRF analyst rating update signals a modest upside bias in the broker’s view without a move to Buy. Jefferies cited factors that support a higher target but not a stronger rating, keeping investors on the sidelines for now.