While Cautious on Legg Mason (LM), Jefferies Still Positive on Invesco (IVZ)
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Jefferies Downgrades Legg Mason (LM) to Hold, Likely to Take a Pause
September 17, 2012 6:53 AM EDTJefferies downgraded Legg Mason (NYSE: LM) from Buy to Hold with a price target of $30.00, saying the turnaround story is likely to take a pause.
"Although a new CEO and potentially more input from activist investors could be a positive,... More
