Legg Mason Announces Combination of EnTrust Capital and Permal Group
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/25/2026
- Wall Street ends higher as tech rebounds before Nvidia results
- Oil settles down more than 3%; investors shrug off US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Grand Canyon Education places CFO on leave amid stock trade probe
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Six Flags to move headquarters from Charlotte to Arlington, Texas
- Funds sell $44bn in semiconductors on AI concerns
Piper Jaffray Remains Bullish Following Legg Mason's (LM) Multiple Investments Announcement
January 25, 2016 8:06 AM ESTPiper Jaffray maintained an Overweight rating on Legg Mason (NYSE: LM), and cut the price target to $53.00 (from $57.00), following the company's strategic investments announcement. LM announced three strategic investments (Clarion Partners, EnTrust, Precidian) consuming over $985M of cash. Piper has a favorable view of... More
