JP Morgan Maintains Underweight on BlackLine, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora maintains an Underweight rating on BlackLine (NASDAQ:BL) and lowers the price target from $50 to $47.
August 07, 2024 | 6:04 pm
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NEGATIVE IMPACT
JP Morgan analyst Pinjalim Bora maintains an Underweight rating on BlackLine and lowers the price target from $50 to $47.
The Underweight rating and lowered price target from a major financial institution like JP Morgan is likely to negatively impact investor sentiment and short-term stock price performance for BlackLine.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100