Nomura Says Legg Mason (LM) Buyout Unlikely

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Sandler O'Neill Downgrades Legg Mason (LM) to Hold

January 11, 2013 8:11 AM EST

Sandler ONeill downgraded Legg Mason (NYSE: LM) from Buy to Hold.

For an analyst ratings summary and ratings history on Legg Mason click here. For more ratings news on Legg Mason click here.

Shares of Legg Mason closed at $26.84 yesterday, with a 52 week range of $22.36-$29.49.... More

Legg Mason (LM) Rips Higher as Private Equity Shows Interest

January 10, 2013 1:18 PM EST

Legg Mason Inc (NYSE: LM) popped higher Thursday afternoon after a Reuters report revealed potential interest from private equity firms.

According to senior management, Legg Mason was approached by more than one private equity firm, but decided against exploring a... More

Legg Mason (LM) Sees PE Indication of Interest, But Not Doing a Deal

January 10, 2013 12:37 PM EST

Legg Mason, Inc. (NYSE: LM) jumped higher on reports it was approached by PE firms for a deal, but is not exploring a sale at this time.

Shares of LM are up 4% mid-day.... More