JMP Securities Maintains Market Outperform on Lazard, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Lazard and increased its price target from $52 to $55.
October 09, 2024 | 12:37 pm
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JMP Securities has reaffirmed its positive outlook on Lazard by maintaining a Market Outperform rating and increasing the price target to $55, indicating confidence in the company's future performance.
The increase in price target from $52 to $55 by JMP Securities suggests a positive outlook on Lazard's future performance. Maintaining a Market Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100