Jefferies Increases EPS And PT On OZM

In a recent report, Jefferies increased EPS from $1.36 to $1.43 and PT from $19.00 to $20.00 on Och-Ziff Capital Management OZM after yesterday's earnings results. In the report, Jefferies said, "Yesterday's earnings results and performance metrics highlight the positive trends we expect to continue in OZM's business throughout 2011. In conjunction with its global brand, seasoned portfolio managers, and reporting transparency, we believe OZM is well positioned to gain market share over the next 12 months." OZM closed at $15.75 yesterday.