Keefe, Bruyette & Woods Reinstates Outperform on Lazard, Announces $51 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Michael Brown has reinstated Lazard (NYSE:LAZ) with an Outperform rating and set a price target of $51.
January 29, 2024 | 11:16 am
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POSITIVE IMPACT
Lazard has been reinstated by Keefe, Bruyette & Woods with an Outperform rating and a price target of $51, suggesting a positive outlook.
The reinstatement of Lazard by a reputable analyst firm with an Outperform rating and a specific price target typically indicates a positive forecast for the stock's performance. This can lead to increased investor confidence and potential upward movement in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100