Lazard upped to Strong Buy at RayJay


A few sell-side moves in the brokerage/boutique investment banks today finds Raymond James upgrading Lazard (LAZ) from a Buy to a Strong Buy (with new price target of $54 from $47), and Credit Suisse starting Raymond James (RJF) at Outperform with $60 price target. Stifel Financial (SF) and LPL Investment (LPLA) are initiated at Neutral.

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