Morgan Stanley Maintains Overweight on Lazard, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ryan Kenny has maintained an Overweight rating on Lazard (NYSE:LAZ) and increased the price target from $56 to $60.
September 23, 2024 | 5:09 pm
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Morgan Stanley has reaffirmed its Overweight rating on Lazard and increased the price target from $56 to $60, indicating a positive outlook.
The increase in price target from $56 to $60 by Morgan Stanley suggests a positive outlook for Lazard, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in Lazard's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100