Pzena gains on analyst upgrade to ‘market perform’
Pzena Investment Management Inc. (NYSE:PZN) has gained 19% today after analysts at Keefe, Bruyette and Woods upgraded the company to “market perform” from “underperform.” The New York-based investment management firm is set to report its earnings on July 30, with analysts expecting earnings per share of $0.12 on revenues of $27.2 million
In today’s trading, shares are at $7.92 at 2:24 p.m. ET, up $1.28 from Monday’s close. During the past year, shares have ranged from $5.69 to $22.25.
For detailed price information and recent news stories about Pzena Investment Management Inc., click PZN.
