Baird lowered the firm’s price target on Blackbaud (BLKB) to $73 from $76 and keeps a Neutral rating on the shares. The firm updated its model as it feels shares are near trough valuation. However, they have lowered their estimates due to end market uncertainty.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BLKB: