Legg Mason (LM) Tops Q1 EPS by 1c

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Go back to Legg Mason (LM) Tops Q1 EPS by 1c

Legg Mason (LM) PT Raised to $65 at Piper Jaffray

August 3, 2015 6:53 AM EDT

Piper Jaffray analyst Jason Weyeneth reiterated an Overweight rating and bumped his price target on Legg Mason (NYSE: LM) to $65.00 (from $62.00) after reviewing Q2. The analyst notes flow momentum is solid and fixed income risk are overblown.

Weyeneth commented, "Following fiscal 1Q16 we... More