DA Davidson raised the firm’s price target on BlackLine (BL) to $56 from $55 and keeps a Buy rating on the shares. The company’s Q1 datapoints were better than feared, namely the absence of tariff impacts to demand and clear progress with several key initiatives, the analyst tells investors in a research note.
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Read More on BL:
- BlackLine price target raised to $50 from $46 at Piper Sandler
- BlackLine’s Strong Performance and Future Potential Justify Buy Rating
- BlackLine Reports Solid Q1 2025 Financial Results
- BlackLine’s Strong Q1 Performance and Strategic Adjustments Justify Hold Rating Amid Cautious 2025 Outlook
- BlackLine reports Q1 EPS 49c, consensus 38c