Lazard just started covering in Feb 2013 with a buy at 11...now they are uping it to 21, just a few months later? Anyone know what kind of track record does Lazard have?
Lazard has a decent ttrack record for performance. This stock caught my attention today with its movement
Lazard is big on mergers and acquisitions. Maybe they here some talk and want to get the price up as high as possible since they will probably do it and get the cut...But 21 is very high
They could have own account or clients with positions, just not sure as to the huge jump on both stock price and upgrade as mentioned, Still need to know on what basis would they be upgraded to 21. Anyone.