Morgan Stanley Upgrades Lazard to Overweight, Raises Price Target to $43
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Ryan Kenny has upgraded Lazard (NYSE:LAZ) from Equal-Weight to Overweight and raised the price target from $36 to $43.

July 12, 2023 | 9:25 am
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Lazard's stock has been upgraded to Overweight by Morgan Stanley, with a raised price target of $43.
The upgrade from Morgan Stanley is a positive signal for Lazard. It indicates that the analyst believes the company's stock is likely to outperform the market or its sector in the short term. The raised price target also suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100