The Deal
Sunday, November 22, 
12:04 am

Bank Watch: Lehman continues its climb

  Share     E-Mail    Discussion    Print Story

In the first hour of Thursday's shortened trading session, Lehman Brothers Inc. again continues to rise and outperform its peers. Lehman's upward march began Tuesday after an analyst at Morgan Stanley raised the price target for the struggling bank to $31 a share. It certainly has a long way to go before getting there, but it's already over $4 above its 52-week low. - Matthew Wurtzel

Troubled Wall Street
Name Open Last price Change Mkt cap
J.P. Morgan Chase & Co. 35.12 35.34 0.74 121097.16
Lehman Brothers Inc. 22.73 23.77 1.41 13137.68
Merrill Lynch & Co. 31.47 31.55 0.40 31087.22
Goldman Sachs Group Inc. 180.3 180.47 1.68 71141.89
Morgan Stanley 36.03 36.22 0.35 40164.36
Citigroup Inc. 16.96 17.04 0.20 89457.16
Source: The Deal

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.