Baird lowered the firm’s price target on BlackLine (BL) to $68 from $74 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results and said execution will be the focus for investors as the 2025 guidance was mixed.
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Read More on BL:
- BlackLine Positioned for Growth: Buy Rating Despite Challenges
- BlackLine price target lowered to $58 from $60 at Piper Sandler
- Positive Outlook on BlackLine Despite Short-Term Challenges: Strategic Partnerships and Pricing Model Shift Highlight Growth Potential
- BlackLine price target lowered to $70 from $73 at Citi
- Analyst Sees Investment Opportunity in BlackLine Amid Mixed Q4 Results and Long-term Growth Potential
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