Wells Fargo Initiates Coverage On Lazard with Equal-Weight Rating, Announces Price Target of $51
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Lazard with an Equal-Weight rating and set a price target of $51.
September 12, 2024 | 1:44 pm
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NEUTRAL IMPACT
Wells Fargo has initiated coverage on Lazard with an Equal-Weight rating and a price target of $51, indicating a neutral stance on the stock.
The Equal-Weight rating suggests that Wells Fargo sees Lazard's stock performing in line with the market. The price target of $51 provides a specific valuation expectation, but the neutral rating indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100