Piper Sandler Upgrades BlackLine to Neutral, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin upgraded BlackLine (NASDAQ:BL) from Underweight to Neutral and increased the price target from $55 to $62.
April 23, 2024 | 9:10 am
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BlackLine was upgraded by Piper Sandler from Underweight to Neutral with a price target increase from $55 to $62.
The upgrade from Underweight to Neutral by a reputable analyst at Piper Sandler, along with a significant increase in the price target, is likely to be viewed positively by the market. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100