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Fly News Breaks for October 28, 2016
EVR
Oct 28, 2016 | 06:55 EDT
Nomura analyst Steven Chubak upgraded Evercore Partners to Buy with a $65 price target saying he is encouraged by a number of trends, including: strong share gains and backlog growth, best in class earnings momentum, and discounted valuation. He expects revenue and earnings growth to continue, even if industry M&A activity slows, something which he does not believe is reflected in Street expectations.
News For EVR From the Last 2 Days
EVR
Apr 24, 2024 | 10:00 EDT
EVR
Apr 24, 2024 | 06:51 EDT
EVR
Apr 24, 2024 | 06:50 EDT
Reports Q1 adjusted revenue $587.3M, consensus $636.38M. John Weinberg, Chairman and CEO said, "We begin 2024 on a strong note, having advised on some of the largest announced transactions year-to-date and we expect our activities to continue to build through the year. We are experiencing momentum in our businesses, and believe we are well-positioned to serve our clients as the environment continues to improve."
