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Fly News Breaks for February 16, 2017
EVR
Feb 16, 2017 | 06:25 EDT
BofA/Merrill analyst Michael Needham upgraded Evercore Partners to Buy and increased its price target to $95 from $78 due to discounted valuation, an improving deal outlook, recent new hires, and strong pipeline. Despite recent share strength, Needham views valuation as attractive and raised his 2018 earnings estimate to $5.41, 4% above consensus.
News For EVR From the Last 2 Days
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."