Keefe, Bruyette & Woods Upgrades GLG Partners (GLG) to Outperform

November 16, 2009 6:55 AM EST

Keefe, Bruyette & Woods upgrades GLG Partners (NYSE: GLG) from Market Perform to Outperform. Price target $4.25.

Keefe analyst says, "We recently met with GLG Chairman and Co-CEO Noam Gottesman and CFO Jeff Rojek. Some of the key topics included the sustainability of improved investment performance, new business trends, and prospective operating leverage. We are also raising our price target and our rating to Outperform from Market Perform."

To see more analyst ratings on GLG Click Here.


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