Lingo Media Signs LOI to Merge With Schoold

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Legg Mason (LM) PT Raised to $41 at Jefferies; Reiterates Buy

March 27, 2017 7:09 AM EDT

Jefferies raised its price target on Legg Mason (NYSE: LM) to $41.00 (from $39.00) while maintaining a Buy rating. Despite higher interest rates in recent months, investor demand for fixed income assets remains strong.

Analyst Daniel Fannon commented, "Last week we spent time with... More