New York, September 18 (FinanceEnquiry.com) – Analysts at Jefferies & Company downgrade their rating on the shares of Legg Mason (NYSE: LM) from BUY to HOLD. The 12-month target price is set to $30.
In a research note published on September 17, the analysts mention that it seems that the turnaround story would probably take a pause and due to this, rating on Legg Mason has been reduced.
In addition to this, this is believed to take some time to play out and possible options are also inadequate, even though a new Chief Executive Officer (CEO) and possibly more input from activist investors could be a positive. Furthermore, few short-term catalysts are foreseen in spite of the attractive valuation, the analysts add further.
New York, May 24 (FinanceEnquiry.com) – As soon as the Bank of Japan governor said he has declared enough stimulus, the yen reinforced, whereas with the area’s benchmark index placed for its largest weekly loss...
New York, May 23 (FinanceEnquiry.com) – Acer Liquid Gallant E350 is a mesmerizing mini -SIM mobile phone that entered the market just 8 months back. Seeing its dimensions of 129 x 65.9 x 9.9 mm...
New York, May 22 (FinanceEnquiry.com) – As soon as the Bank of Japan (BOJ) preserved its easing program and ahead of proof of Federal Reserve Chairman Ben S. Bernanke on the economy, Asian stocks soared...
New York, May 21 (FinanceEnquiry.com) – Analysts at Deutsche Bank Securities reiterate their BUY rating on the shares of Expedia Inc (NASDAQ: EXPE). The 12-month target price has been raised from $80 to...
New York, May 20 (FinanceEnquiry.com) – In the January month, 124.5 x 63.7 x 10.5 mm (4.90 x 2.51 x 0.41 in) dimension holding Huawei Ascend W1 was launched through effective mobile phone deals and...
New York, May 17 (FinanceEnquiry.com) – Analysts at Deutsche Bank Securities reiterate their BUY rating on the shares of ServiceNow, Inc (NYSE: NOW). The 12-month target price is set to $42.
In a...
New York, May 15 (FinanceEnquiry.com) – Enhancing the possibility of one more interest rate cut, the euro was sent to a six-week low in opposition to the dollar on May 15 by unexpectedly feeble 1Q economic...
New York, May 14 (FinanceEnquiry.com) – Indicating fundamental potency in the economy and leading analysts to bump up 2Q expansion approximations, retail sales out of the blue soared last month.
The...
New York, May 13 (FinanceEnquiry.com) – If being simple is the mantra of your life and choosing simpler device for personal use is your passion, then going with T-Mobile Prism may turn out to be a...
New York, May 10 (FinanceEnquiry.com) – Despite the fact that Asian shares dropped in view of the fact that world equities took a rest from fresh rallies all of a sudden, Japanese...
