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Ladenburg Thalmann. (LTS) Catches Eye: Stock Jumps 5.7%

Ladenburg Thalmann Financial Services Inc. LTS was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.29–$2.54 in the past one-month time frame.

In the last 30 days, the company has seen one downward estimate revision and the Zacks Consensus Estimate also moved lower. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.      

Ladenburg Thalmann currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is positive.

A better-ranked Finance-Investment Broker stock is Piper Jaffray Companies PJC, which sports a Zacks Rank #1 (Strong Buy).

Is LTS going up? Or down? Predict to see what others think: Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
LADENBURG THALM (LTS): Free Stock Analysis Report
 
PIPER JAFFRAY (PJC): Free Stock Analysis Report
 
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