Lazard upgraded to Positive from Neutral at Susquehanna Susquehanna upgraded Lazard based on an improved advisory outlook, asset management flow trends, and free cash flow generation. Price target raised to $56 from $49.
Trian Fund gives quarterly update on stakes NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).