Ladenburg Thalmann Upgrades Lehman Brothers (LEH) to Buy

August 21, 2008 1:14 PM EDT

Ladenburg Thalmann upgrades Lehman Brothers (NYSE: LEH) from Neutral to Buy.

The firm's Dick Bove believes a "hostile takeover of Lehman is now possible".

Lehman Brothers Holdings, Inc., through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide.


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