Goldman Sachs lowered the firm’s price target on Evercore (EVR) to $335 from $383 and keeps a Buy rating on the shares. Evercore offers idiosyncratic strength from continued M&A backlog momentum that has significantly outperformed peers, as well as skew to large-cap and strategic M&A that should outperform, the analyst tells investors in a research note.
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- Evercore price target lowered to $383 from $447 at Goldman Sachs
- Evercore price target raised to $383 from $363 at UBS