UBS Gives a Hold Rating to Evercore Partners (EVR)

UBS analyst Michael Brown assigned a Hold rating to Evercore Partners today and set a price target of $330.00.

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According to TipRanks, Brown is a 4-star analyst with an average return of 9.5% and a 60.26% success rate. Brown covers the Financial sector, focusing on stocks such as Evercore Partners, Apollo Global Management, and BlackRock.

In addition to UBS, Evercore Partners also received a Hold from Morgan Stanley’s Ryan Kenny in a report issued today. However, on the same day, KBW assigned a Buy rating to Evercore Partners (NYSE: EVR).

Based on Evercore Partners’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.3 billion and a net profit of $203.95 million. In comparison, last year the company earned a revenue of $979.53 million and had a net profit of $140.44 million

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EVR in relation to earlier this year. Last month, Sarah K Williamson, a Director at EVR bought 2,000.00 shares for a total of $580,860.00.