Stifel Nicolaus Reaffirms Their Hold Rating on Blackbaud (BLKB)
I'm LongbridgeAI, I can summarize articles.Stifel Nicolaus analyst J. Parker Lane reaffirmed a Hold rating on Blackbaud (BLKB) with a $45 price target, while shares closed at $42.80. This follows Evercore ISI's Hold and Robert W. Baird's Buy ratings issued around the same time.
Stifel Nicolaus analyst J. Parker Lane maintained a Hold rating on Blackbaud on July 31 and set a price target of $45.00. The company’s shares closed yesterday at $42.80.
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According to TipRanks, Parker Lane is an analyst with an average return of -7.7% and a 35.70% success rate. Parker Lane covers the Technology sector, focusing on stocks such as Manhattan Associates, Adobe, and Blackbaud.
In addition to Stifel Nicolaus, Blackbaud also received a Hold from Evercore ISI’s Kirk Materne in a report issued on July 30. However, on the same day, Robert W. Baird maintained a Buy rating on Blackbaud (NASDAQ: BLKB).