Stifel Bullish On Sotheby's Despite Legal Risks

In light of activist hedge fund Third Point’s legal action in regards to questioning the legality of Sotheby's (NYSE:BID) poison pill measure, Stifel Nicolaus reiterated their Buy rating and $65 price target.

Legal opinion aside, fundamentals look good for Sotheby's
The research report does not take a legal opinion on the merits of . . .


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