UBS Maintains Neutral on Lazard, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brennan Hawken has maintained a Neutral rating on Lazard (NYSE:LAZ) and increased the price target from $31 to $40.
January 09, 2024 | 3:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UBS has maintained a Neutral rating on Lazard but raised the price target from $31 to $40, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation of Lazard's stock, which could lead to increased investor interest and a potential rise in the stock price in the short term. The Neutral rating indicates that the stock is adequately valued at current levels, but the raised target implies that UBS sees some upside potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100