Jefferies Upgrades Legg Mason To Buy

Analysts at Jefferies upgraded Legg Mason Inc. LM from Hold to Buy. The price target for Legg Mason has been raised from $50 to $67. Legg Mason shares have climbed 33.26% over the past 52 weeks, while the S&P 500 index has surged 14.85% in the same period. Legg Mason's shares jumped 1.14% to close at $58.50 yesterday.