Stifel Maintains Hold on Blackbaud, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Hold rating on Blackbaud (NASDAQ:BLKB) and raises the price target from $80 to $85.
September 26, 2024 | 3:46 pm
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Stifel analyst Parker Lane maintains a Hold rating on Blackbaud and raises the price target from $80 to $85, indicating a slightly positive outlook.
The increase in price target from $80 to $85 suggests a slightly more optimistic view on Blackbaud's future performance. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, leading to a modest positive impact on the stock price.
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IMPORTANCE 70
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