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Equities researchers at FirstEnergy Capital dropped their price objective on shares of Ladenburg Thalmann (NYSE:LTS) to $6.50 in a research report issued on Wednesday. The firm currently has a “market perform” rating on the stock. FirstEnergy Capital’s price objective would indicate a potential upside of 83.42% from the stock’s previous close.

Shares of Ladenburg Thalmann (NYSE:LTS) traded down 2.74% on Wednesday, hitting $3.55. 208,806 shares of the company’s stock traded hands. Ladenburg Thalmann has a one year low of $1.66 and a one year high of $3.90. The stock has a 50-day moving average of $3.5 and a 200-day moving average of $3.09. The company’s market cap is $653.7 million.

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