Morgan Stanley Maintains Overweight on Lazard, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny has maintained an Overweight rating on Lazard (NYSE:LAZ) and raised the price target from $41 to $45.
October 27, 2023 | 1:26 pm
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Morgan Stanley has maintained an Overweight rating on Lazard and raised the price target from $41 to $45, which could lead to a positive market reaction.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for Lazard. The increase in price target from $41 to $45 suggests that the analyst sees potential for the stock's price to rise, which could lead to a positive market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100