July 16, 2012
/PRNewswire/ -- Lazard Ltd. (NYSE: LAZ:
) has been picked by S&P Capital IQ as its Focus Stock of the Week. LAZ carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"We believe Lazard's investment banking unit will begin to improve as M&A and restructuring engagements start to expand as early as the second half of 2012," said
, equity analyst at S&P Capital IQ. "We view favorably the increasing focus of Lazard's investment banking franchise on geographical expansion, especially in emerging markets, along with sovereign advisory services."
To view a video of Mr. Leon discussing LAZ, click on the following link.
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