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Fly News Breaks for April 17, 2018
LAZ
Apr 17, 2018 | 06:25 EDT
BofA/Merrill analyst Michael Needham upgraded Lazard to Buy and raised its price target to $63 from $60 to reflect improving trends that will drive earnings higher. The analyst said there are signs European and EMEA M&A is improving and thinks Q1 could be a catalyst given his above consensus forecast, and expects a strong Q2 given the pipeline.
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LAZ
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