Stephens Downgrades Blackbaud (BLKB) to Equal Weight

April 3, 2019 6:10 AM EDT
Get Alerts BLKB Hot Sheet
Price: $71.69 +1.98%

Rating Summary:
    4 Buy, 13 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Stephens analyst James Rutherford downgraded Blackbaud (NASDAQ: BLKB) from Overweight to Equal Weight with a price target of $86.00.

  • Cites recent strength coupled with the risk for a soft Q1 report for stepping to the sidelines.

For an analyst ratings summary and ratings history on Blackbaud click here. For more ratings news on Blackbaud click here.

Shares of Blackbaud closed at $82.99 yesterday.

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