Baird Maintains Outperform on BlackLine, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains an Outperform rating on BlackLine (NASDAQ:BL) but lowers the price target from $72 to $65.
August 07, 2024 | 4:02 pm
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NEUTRAL IMPACT
Baird analyst Rob Oliver maintains an Outperform rating on BlackLine but lowers the price target from $72 to $65.
The Outperform rating suggests continued confidence in BlackLine's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100