Stocks · News reference
Keefe, Bruyette & Woods Maintains Market Perform on Lazard, Lowers Price Target to $42
Keefe, Bruyette & Woods analyst Alex Bond maintains Lazard (NYSE:LAZ) with a Market Perform and lowers the price target from $44 to $42.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Franklin vs. Lazard: Which Stock Has Better Growth Prospects?
Franklin Templeton (BEN) and Lazard (LAZ) are compared as investment options. BEN shows stronger earnings growth outlook with positive estimate revisions, record $1.8 trillion AUM, and strategic expansion into alternatives and digital assets. LAZ recorded strong net inflows of $7.4 billion in H1 2026 but faces downward earnings estimate revisions. BEN trades at a lower valuation (1.3X P/B) compared to LAZ (4.4X P/B), though LAZ offers a higher dividend yield of 5.6% versus BEN's 4.0%. BEN is rated as the better value opportunity.
Shares of financial companies are trading lower amid overall market weakness after Fed Chairman Warsh took a hawkish tone in his press conference and Q&A session after the FOMC rate hike.
Invesco's AUM Rises in August: Will the Momentum Continue?
Invesco's assets under management rose 4.7% in August 2026 to $2.56 trillion, driven by $49 billion in market gains and $27.6 billion in long-term net inflows. ETFs, QQQ, and liquidity products led growth, with QQQ AUM climbing 8% and liquidity AUM rising 15.6%. The company's strong first-half momentum and diversified investment platform position it well for continued asset gathering.