UPDATE: Jefferies Raises PT on Legg Mason on 1Q13 Preview
April 05, 2013 at 10:18 AM EDT
In a report published Friday, Jefferies analyst Daniel T. Fannon reiterated a Hold rating on Legg Mason (NYSE: LM ), and raised the price target from $27.00 to $30.00. In the report, Fannon noted, “Both the traditional and alternative asset managers will begin reporting 1Q13 earnings the week of April