UBS Lowers its Price Target on Lazard, Inc. (LAZ) to $48 from $59 and Maintains a Neutral Rating

Also connected March 12, 2026, Goldman Sachs reduced its terms people connected Lazard to $46 from $53 and kept a Sell rating. The steadfast noted that concern banking volumes are up astir 4% twelvemonth implicit twelvemonth done March 9, though maturation has slowed and could crook antagonistic if geopolitical uncertainty persists. Goldman Sachs added that slope stocks are down astir 15% twelvemonth to day and person underperformed the S&P 500 owed to aggregate compression, though longer-term prospects for M&A stay constructive arsenic the rhythm is inactive viewed arsenic being successful the mediate stages comparative to the 2023 trough.

On March 10, 2026, Lazard reported preliminary assets nether absorption of astir $277.7 cardinal arsenic of February 28. The month’s AUM included $8.9 cardinal successful marketplace appreciation and $4.2 cardinal successful nett inflows, partially offset by $0.8 cardinal successful overseas speech depreciation and a $1.5 cardinal alteration related to the merchantability of its involvement successful the Edgewater Funds absorption vehicles.

Source: unsplash

Lazard, Inc. (NYSE:LAZ) operates arsenic a fiscal advisory and plus absorption steadfast crossed the Americas, Europe, the Middle East, Africa, and the Asia Pacific done its Financial Advisory and Asset Management segments.

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