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Piper Sandler Cuts BlackLine (NASDAQ:BL) Price Target to $35.00
['Kim Johansen']
Markets Daily
BlackLine (NASDAQ:BL – Get Free Report) had its price target decreased by investment analysts at Piper Sandler from $37.00 to $35.00 in a research note issued to investors on Wednesday,Benzinga reports.
According to MarketBeat, BlackLine currently has a consensus rating of “Hold” and a consensus price target of $41.67.
Get BlackLine alerts:Get Our Latest Research Report on BlackLineBlackLine Price PerformanceBL stock opened at $33.12 on Wednesday.
Also, Director Mika Yamamoto sold 3,000 shares of BlackLine stock in a transaction on Friday, June 5th.
Full-year revenue guidance of $765–$769 million also brackets the $766.8 million consensus, offering limited upside.