Lazard Rises after Barron’s Looks into Nelson Peltz’s Crystal Ball
July 02, 2012 at 13:15 PM EDT
Investment bank Lazard (LAZ) has attracted the interest of activist investor Nelson Peltz, whose Trian Fund Management disclosed a 5.1% position in the stock last month and said shares could double. The news sent shares sharply higher. This weekend, Barron’s Associate Editor Andrew Bary took a look at the stock and highlighted the ways Lazard [...]
