Lightyear Capital LLC Announces Sale of Clarion Partners to Legg Mason

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Lightyear Capital LLC Announces Sale of Clarion Partners to Legg Mason

Piper Jaffray Remains Bullish Following Legg Mason's (LM) Multiple Investments Announcement

January 25, 2016 8:06 AM EST

Piper 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