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May 12, 2023
Citigroup upgraded shares of BlackLine (NASDAQ:BL – Get Rating) from a sell rating to a neutral rating in a report issued on Monday morning, The Fly reports. BL has been the subject of several other research reports. BMO Capital Markets reduced their price objective on shares of BlackLine from $71.00 to $59.00 in a research […]
May 10, 2023
BlackLine (NASDAQ:BL – Get Rating) was upgraded by equities researchers at Citigroup from a “sell” rating to a “neutral” rating in a research note issued on Monday, The Fly reports. Several other research analysts have also commented on the company. Piper Sandler reduced their price target on BlackLine from $64.00 to $55.00 in a report […]
May 8, 2023
BlackLine (NASDAQ:BL – Get Rating) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $1.23-1.29 for the period, compared to the consensus earnings per share estimate of $0.92. The company issued revenue guidance of $586-596 million, compared to the consensus revenue estimate of $591.07 million. BlackLine also updated its […]
May 8, 2023
BlackLine (NASDAQ:BL – Get Rating) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.27-0.29 for the period, compared to the consensus earnings per share estimate of $0.19. The company issued revenue guidance of $143-145 million, compared to the consensus revenue estimate of $144.38 […]
May 8, 2023
Fiera Capital Corp lessened its stake in BlackLine, Inc. (NASDAQ:BL – Get Rating) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 364,808 shares of the technology company’s stock after selling 6,308 shares during the period. Fiera Capital Corp owned […]
May 8, 2023
BlackLine (NASDAQ:BL – Get Rating) had its price objective lowered by analysts at Truist Financial from $65.00 to $60.00 in a research report issued on Monday, The Fly reports. Truist Financial’s price objective indicates a potential upside of 11.38% from the company’s previous close. A number of other research firms also recently weighed in on […]
May 5, 2023
BlackLine (NASDAQ:BL – Get Rating) issued an update on its second quarter 2023 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.27-$0.29 for the period, compared to the consensus earnings per share estimate of $0.19. The company issued revenue guidance of $143.00 million-$145.00 million, compared to the consensus revenue estimate […]
May 5, 2023
BlackLine (NASDAQ:BL – Get Rating) had its price objective dropped by research analysts at Robert W. Baird from $82.00 to $64.00 in a note issued to investors on Friday, The Fly reports. Robert W. Baird’s target price points to a potential upside of 25.39% from the company’s current price. Several other analysts have also recently […]
May 4, 2023
BlackLine (NASDAQ:BL – Get Rating) updated its FY23 earnings guidance on Thursday. The company provided earnings per share guidance of $1.23-1.29 for the period, compared to the consensus earnings per share estimate of $0.92. The company issued revenue guidance of $586-596 million, compared to the consensus revenue estimate of $591.07 million. BlackLine also updated its […]
May 3, 2023
BlackLine, Inc. (NASDAQ:BL – Get Rating) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 4,130,000 shares, a decrease of 8.0% from the March 31st total of 4,490,000 shares. Currently, 8.5% of the company’s shares are short sold. Based on an average daily […]