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Fly News Breaks for October 13, 2015
LM
Oct 13, 2015 | 07:07 EDT
Citi analyst William Katz calls yesterday's lack of upside in shares of Legg Mason following the company's September asset under management report a "head scratcher." Katz says Legg Mason is displaying best-in-class organic growth. He sees a buying opportunity at current levels and a Buy rating on the name with a $60 price target.
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