Citigroup Maintains Neutral on BlackLine, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders maintains a Neutral rating on BlackLine (NASDAQ:BL) but lowers the price target from $62 to $54.
June 28, 2024 | 8:31 pm
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Citigroup analyst Steven Enders maintains a Neutral rating on BlackLine but lowers the price target from $62 to $54.
The lowered price target from $62 to $54 by Citigroup suggests a less optimistic outlook for BlackLine, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100