Evercore Partners (EVR) Initiated with a Hold at UBS
Evercore Partners received a Hold rating and a $340.00 price target from UBS analyst yesterday. The company’s shares closed yesterday at $344.73.
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Currently, the analyst consensus on Evercore Partners is a Moderate Buy with an average price target of $363.20, which is a 5.36% upside from current levels. In a report released on December 8, Morgan Stanley also downgraded the stock to a Hold with a $373.00 price target.
Based on Evercore Partners’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.05 billion and a net profit of $144.58 million. In comparison, last year the company earned a revenue of $738.42 million and had a net profit of $78.39 million
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