Zacks Investment Research downgraded shares of PIPER JAFFRAY (PJC) from OUTPERFORM to NEUTRAL on December 18, 2012, with a target price of $32.30.
Piper Jaffray Companies is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. They operate through two primary revenue-generating segments: Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis.
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