Goldman Sachs raised the firm’s price target on Evercore (EVR) to $332 from $309 and keeps a Buy rating on the shares. The firm, which has Evercore on its Americas Conviction List, expects Evercore to continue to deliver above-average revenue growth and market share gains, as investments across advisory and non-advisory bear fruit, the analyst tells investors in a research note. No matter the shape of the cyclical recovery, Evercore appears best positioned to benefit, Goldman says.
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