JP Morgan Maintains Underweight on BlackLine, Lowers Price Target to $47
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Pinjalim Bora maintains an Underweight rating on BlackLine (NASDAQ:BL) and has lowered the price target from $50 to $47.
August 09, 2023 | 4:43 pm
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NEGATIVE IMPACT
JP Morgan has maintained an Underweight rating on BlackLine and lowered the price target from $50 to $47.
The lowered price target by JP Morgan indicates a bearish outlook for BlackLine. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100