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Lazard (LAZ) Receives a Sell from Goldman Sachs

Tipranks - Thu Apr 2, 5:54AM CDT

Goldman Sachs analyst James Yaro maintained a Sell rating on Lazard today and set a price target of $40.00.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Yaro is a 4-star analyst with an average return of 6.1% and a 48.54% success rate. Yaro covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Coinbase Global, and Robinhood.

The word on The Street in general, suggests a Hold analyst consensus rating for Lazard with a $54.40 average price target.

Based on Lazard’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $929.38 million and a net profit of $49.86 million. In comparison, last year the company earned a revenue of $824.74 million and had a net profit of $86.31 million

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