Stifel Nicolaus Increases Estimates On EV

Stifel Nicolaus has issued a report increasing estimates on Eaton Vance Corp EV. According to the report, "We are “tweaking” estimates upward slightly for FY 2011 from $1.77 to $1.78 and FY 2012 from $2.23 to $2.26 to reflect the slightly higher flows going forward that would put EV's organic growth at 6% to 7% over the next twelve months compared to 4% in the most recent quarter." EV is rated Hold and closed yesterday at $33.25 a share.