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Fly News Breaks for April 1, 2015
LAZ
Apr 1, 2015 | 07:24 EDT
UBS believes Lazard will be a big beneficiary of Europe's quantitative easing monetary policy as it should drive an acceleration of M&A activity in Europe. The firm also sees valuation at trough levels, making for a positive risk/reward in the stock. UBS reiterated its Buy rating and $61 price target on Lazard shares.
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