The Latest Analyst Ratings For BlackLine
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated BlackLine (NASDAQ:BL), with a mix of bullish and bearish opinions. The average 12-month price target is $56.14, down from $59.29. Recent analyst actions include both raises and lowers in ratings and price targets. BlackLine shows strong financial performance with high net margins and ROE, but faces challenges with a high debt-to-equity ratio.
October 25, 2024 | 7:01 pm
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BlackLine has received mixed analyst ratings, with a new average price target of $56.14, down from $59.29. The company shows strong financial performance but faces challenges with high debt levels.
The article provides a detailed analysis of BlackLine's recent analyst ratings, price targets, and financial performance. The mixed ratings and lower price target suggest a neutral short-term impact. Strong financial metrics are offset by high debt levels, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100