Lazard (NYSE:LAZ) downgraded to Buy from Conviction Buy at Goldman. The stock closed yesterday at $38.46 on volume of 479,534 shares, below average daily volume of 846,705.
Lazard is currently above its 50-day moving average of $37.92 and above its 200-day moving average of $35.98.
SmarTrend is bullish on shares of LAZ and our subscribers received an Uptrend alert on March 03, 2010 at $38.12, which has returned 0.9% to date.
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Ticker(s): LAZ