Morgan Stanley downgraded Evercore (EVR) to Equal Weight from Overweight with an unchanged price target of $373. The firm cites valuation for the downgrade following the stock’s strong outperformance in 2025. The midcap advisor valuations look full on consensus earnings estimates, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVR:
- Evercore price target lowered to $345 from $358 at Keefe Bruyette
- Evercore Reports Strong Q3 2025 Financial Results
- Evercore Partners Reports Record Q3 Earnings
- Microsoft’s New OpenAI Deal Knocks Down ‘Number One’ Obstacle for MSFT Stock
- Evercore Partners: Strong Performance and Growth Potential Justify Buy Rating