UBS Assumes Evercore Partners (EVR) at Neutral

UBS analyst Michael Brown assumes coverage on Evercore Partners (NYSE: EVR) with a Neutral rating and a price target of $340.00.

The analyst comments: "We assume coverage on Evercore (EVR) with a $340 price target and a Neutral rating as consensus estimates set a high bar we think will be challenging for EVR to clear. Momentum remains positive—supported by YTD results, robust Private Capital Group (PCG) performance, and a healthy pipeline. We anticipate a continued gradual rebound in M&A should drive senior managing director (SMD) productivity higher and operating margin expansion. That said, the stock is trading above historical levels at ~18.5x vs. the 3-year average of 13.5x. With a high valuation and with elevated consensus estimates (UBS EPS 4% below in '26E and 6% below in '27E), we are staying on the sidelines."

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

Shares of Evercore Partners closed at $344.73 yesterday.

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