Raymond James Maintains Outperform on Blackbaud, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson maintains an Outperform rating on Blackbaud (NASDAQ:BLKB) but lowers the price target from $98 to $95.

October 07, 2024 | 5:03 pm
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NEUTRAL IMPACT
Raymond James has maintained its Outperform rating for Blackbaud but has slightly reduced the price target from $98 to $95, indicating a minor adjustment in expected performance.
The Outperform rating suggests continued confidence in Blackbaud's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100