Lazard
Lazard’s Price Target Trimmed by Citizens JMP as M&A 'Stalls' Dampen Investment Banking Recovery
The anticipated "Great Rebound" of the global deal-making landscape hit a significant speed bump today as Citizens JMP Securities lowered its price target for Lazard, Inc. (NYSE: LAZ). The revision reflects a growing anxiety among analysts that while the pipeline for Mergers and Acquisitions (M&A) is