Citigroup Maintains Neutral on BlackLine, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders maintains a Neutral rating on BlackLine (NASDAQ:BL) and raises the price target from $57 to $59.

September 18, 2023 | 1:23 pm
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Citigroup maintains a Neutral rating on BlackLine and raises the price target from $57 to $59.
The news is directly about BlackLine. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in the price target from $57 to $59 suggests a slightly positive outlook, but not enough to change the overall rating to positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100