JMP GROUP INC (JMP) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of JMP GROUP INC (JMP) from NEUTRAL to OUTPERFORM on November 05, 2012, with a target price of $6.00.

JMP GROUP INC. is a full-service investment banking and asset management firm that provides investment banking, sales and trading, and equity research services to corporate and institutional clients and alternative asset management products to institutional and high-net-worth investors. JMP Group operates through two subsidiaries, JMP Securities and JMP Asset Management. The company focuses its resources on small and middle-market growth companies and the institutions that invest in them. They approach their work with the idea that expertise, intellectual capital and relationships can never be commoditized.

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