Goldman Sachs analyst James Yaro raised the firm’s price target on Evercore (EVR) to $374 from $335 and keeps a Buy rating on the shares. Earnings estimates and price targets for investment banks were modestly adjusted based on final Dealogic data, reflecting slight increases in M&A and debt capital markets activity with equity capital markets unchanged, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVR:
- Evercore price target raised to $384 from $381 at Morgan Stanley
- Evercore price target lowered to $365 from $420 at Keefe Bruyette
- ‘Nike’s Strategy May Actually Prolong Its Recovery,’ Says Evercore
- Evercore price target lowered to $335 from $383 at Goldman Sachs
- Uber Branded ‘AV Winner’ after $1.25B Rivian Deal — Why Is the Stock Sliding?