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Fly News Breaks for September 4, 2018
EVR
Sep 4, 2018 | 05:09 EDT
UBS analyst Brennan Hawken downgraded Evercore Partners to Neutral with an unchanged price target of $117. The analyst views the risk/reward as more balanced with the shares outperforming the S&P 500 Index by 10% since January. Investors are "increasingly concerned that we are in the later innings" of peak earnings, which could drive multiple compression in Evercore, Hawken tells investors in a research note.
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."
