Evercore price target raised to $257 from $238 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Evercore (EVR) to $257 from $238 and keeps an Outperform rating on the shares. Messaging was relatively consistent across the industry as the recent market volatility has led to a slowdown in completed deals, but management teams remain upbeat, the analyst tells investors in a research note.