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Fly News Breaks for February 5, 2019
LM
Feb 5, 2019 | 08:00 EDT
Wells Fargo analyst Christopher Harris raised his price target for Legg Mason to $34 from $29, while reiterating an Outperform rating on the shares. The company's Q3 was quite noisy because of various charges, but the bigger news was the unveiled plan to implement a new operating platform expected to produce material cost savings, he notes.
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