Analyst Ratings for BlackLine
Portfolio Pulse from Benzinga Insights
BlackLine (NASDAQ:BL) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 indifferent, and 1 somewhat bearish. The average price target is $58.25, indicating potential upside from the current price of $48.93. However, this average has decreased by 3.32% from the previous target of $60.25.
August 09, 2023 | 9:00 pm
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Mixed analyst ratings and a decreased price target could lead to uncertainty for BlackLine's stock.
The mixed analyst ratings indicate differing opinions on the stock's performance, which could lead to market uncertainty. Additionally, the decrease in the average price target suggests that analysts are less optimistic about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100