BlackLine Announces Third Quarter Financial Results

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BlackLine (BL) PT Raised to $64 at Citi

November 8, 2024 8:45 AM EST

Citi analyst Steven Enders raised the price target on BlackLine (NASDAQ: BL) to $64.00 (from $52.00) while maintaining a Neutral rating.

The analyst comments "BL reported solid 3Q24 results with 1.7% rev upside vs. cons (1.1% L4Q avg) with healthy ARR (+11% y/y), ST sub... More

BlackLine (BL) PT Raised to $51 at Goldman Sachs

November 8, 2024 4:54 AM EST

Goldman Sachs analyst Adam Hotchkiss raised the price target on BlackLine (NASDAQ: BL) to $51.00 (from $46.00) while maintaining a Sell rating.

The analyst comments "BlackLine reported revenue and profitability ahead of consensus, albeit against what we view as a low bar, and provided a slight raise to full-year guidance as mid-market outperformed... More