Legg Mason (LM) Tops Q4 EPS by 2c, Revenues Miss

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Legg Mason (LM) PT Raised to $39 at RBC Capital

May 14, 2019 7:11 AM EDT

RBC Capital analyst Kenneth Lee raised the price target on Legg Mason (NYSE: LM) to $39.00 (from $35.00) while maintaining a Outperform rating.

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Legg Mason (LM) Reports April AUM of $797.5B

May 13, 2019 8:03 AM EDT

Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $767.5 billion as of April 30, 2019. This month's AUM included long-term net inflows of approximately $1.2 billion, driven by fixed income and alternative inflows of $2.5 billion and $0.1 billion, respectively, which were partially offset by equity outflows of $1.4... More