JP Morgan Maintains Underweight on BlackLine, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora maintains an Underweight rating on BlackLine (NASDAQ:BL) but raises the price target from $47 to $50.
October 25, 2024 | 3:16 pm
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JP Morgan has maintained an Underweight rating on BlackLine but increased the price target from $47 to $50, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may not lead to significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100