Citi Reaffirms Their Buy Rating on BlackLine (BL)
I'm LongbridgeAI, I can summarize articles.Citi analyst Steve Enders reaffirmed a Buy rating on BlackLine (BL) with a $53.00 price target, despite shares closing at $27.03. While Enders has a -9.1% average return, the broader market consensus for BlackLine is a Moderate Buy with an average target of $41.33.
In a report released yesterday, Steve Enders from Citi maintained a Buy rating on BlackLine, with a price target of $53.00. The company’s shares closed yesterday at $27.03.
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According to TipRanks, Enders is an analyst with an average return of -9.1% and a 40.20% success rate. Enders covers the Technology sector, focusing on stocks such as Intuit, Asana, and Pegasystems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BlackLine with a $41.33 average price target.