BlackLine downgraded by Piper Sandler with a new price target
$BL
Computer Software: Prepackaged Software
Technology
Piper Sandler downgraded BlackLine from Neutral to Underweight and set a new price target of $60.00 from $53.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/30/2024 | $60.00 → $70.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/23/2024 | $55.00 → $62.00 | Underweight → Neutral | Piper Sandler |
| 3/18/2024 | Peer Perform | Wolfe Research | |
| 2/14/2024 | Outperform → Mkt Perform | William Blair | |
| 1/2/2024 | $53.00 → $60.00 | Neutral → Underweight | Piper Sandler |
| 5/22/2023 | $60.00 | Equal-Weight | Morgan Stanley |
| 5/8/2023 | Sell → Neutral | Citigroup | |
| 1/18/2023 | $58.00 → $63.00 | Neutral → Sell | Citigroup |
4 - BLACKLINE, INC. (0001666134) (Issuer)
4 - BLACKLINE, INC. (0001666134) (Issuer)
4 - BLACKLINE, INC. (0001666134) (Issuer)
JMP Securities analyst Patrick Walravens reiterates BlackLine (NASDAQ:BL) with a Market Outperform and maintains $81 price target.
Piper Sandler analyst Brent Bracelin maintains BlackLine (NASDAQ:BL) with a Neutral and lowers the price target from $62 to $55.
Analysts' ratings for BlackLine (NASDAQ:BL) over the last quarter vary from bullish to bearish, as provided by 5 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 2 0 0 In the assessment of 12-month price targets, analysts unveil insights for BlackLine, presenting an average target of $63.6, a high estimate of $72.00, and a low estimate of $54.00. Witnessing a positive shift, the current average ha
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LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ:BL), the future-ready platform for the Office of the CFO, today announced the appointment of Philippe Omer Decugis as Senior Vice President and General Manager for Europe. With over 20 years of experience in technology and financial services, Philippe will lead BlackLine's European operations, bringing his deep expertise to accelerate growth, foster innovation, and enhance customer success throughout the region. Philippe's proven leadership and experience in global sales, most recently at Salesforce and SAP, give him a robust foundation to guide BlackLine's European team. His strategic focus will include expanding BlackLine'
Proven Tech Exec Joins Fusion's Leadership Team to Enhance Customer Success, Professional Services, and Support During Next Stage of Growth Fusion Risk Management, Inc. ("Fusion"), a leading provider of operational resilience and business continuity software, today announced that veteran technology and professional services executive Lisa Schreiber has joined the firm to serve as Chief Customer Officer. Schreiber joins Fusion's Executive Leadership Team and will lead all aspects of the company's world-class customer success, professional services, and support organizations. "Delivering the best service to our customers has always been core to our mission at Fusion, and we are thrilled to
Henshall brings significant experience in enterprise software andpossesses unmatched expertise in finance, strategy, and technology development LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ BL), the future-ready platform for the Office of the CFO, today announced the appointment of David Henshall to its Board of Directors. Henshall brings a wealth of business experience and deep financial expertise, with a proven track record advising companies on strategies to enhance operations and financial performance. He spent nearly 20 years in various executive roles at Citrix, most recently as President and Chief Executive Officer. During his tenure, he played a critical role
LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ:BL), the future-ready platform for the Office of the CFO, today unveiled The BlackLine Studio360 Platform, a groundbreaking advancement in digital finance transformation that empowers finance and accounting professionals with the capabilities needed to navigate today's dynamic business landscape. Designed to support the entire Office of the CFO, Studio360 unifies financial operations at scale, streamlining processes and delivering actionable insights across all financial functions. "Studio360 is the new gold standard for digital finance transformation," said Therese Tucker, co-CEO and Founder. "Studio360 reflects BlackLine's
LOS ANGELES, Nov. 18, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ:BL), the future-ready platform for the Office of the CFO, has been recognized as the Most Innovative FinTech Solution by the 2024 Tech Ascension Awards. This prestigious award celebrates BlackLine's commitment to delivering cutting-edge solutions that empower Finance and Accounting teams worldwide to achieve accurate, efficient, and intelligent financial operations. The 2024 Tech Ascension Awards evaluated companies based on their ability to solve critical business challenges, offer unique, user-centric solutions, and drive exceptional results. Continued Commitment to Digital Finance Transformation "Our mission has
LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- BlackLine (NASDAQ:BL), the future-ready platform for the Office of the CFO, today announced the appointment of Philippe Omer Decugis as Senior Vice President and General Manager for Europe. With over 20 years of experience in technology and financial services, Philippe will lead BlackLine's European operations, bringing his deep expertise to accelerate growth, foster innovation, and enhance customer success throughout the region. Philippe's proven leadership and experience in global sales, most recently at Salesforce and SAP, give him a robust foundation to guide BlackLine's European team. His strategic focus will include expanding BlackLine'
Morgan Stanley upgraded BlackLine from Equal-Weight to Overweight and set a new price target of $70.00 from $60.00 previously
Piper Sandler upgraded BlackLine from Underweight to Neutral and set a new price target of $62.00 from $55.00 previously
Wolfe Research initiated coverage of BlackLine with a rating of Peer Perform
LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (NASDAQ:BL) announced today that it will host its upcoming Investor Day on November 19th, 2024 in Orlando, FL at 1:00pm ET. The event will feature presentations by senior executives, who will provide an update on the company's strategy, innovation and financials. A live webcast and replay will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. About BlackLine BlackLine (NASDAQ:BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. BlackLine's comprehen
LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (NASDAQ:BL), today announced financial results for the third quarter ended September 30, 2024. "BlackLine delivered another quarter of solid financial results, exceeding our financial guidance while achieving record free cash flow generation," said Owen Ryan, co-CEO of BlackLine. "Our relentless focus on operational excellence continues to drive execution across the organization, enhancing our competitive position while advancing our strategic initiatives." "Innovation is accelerating at BlackLine, as our teams deliver compelling new solutions and functionality that enhance our differentiation in the market," said Therese Tuc
LOS ANGELES, Oct. 24, 2024 (GLOBE NEWSWIRE) -- BlackLine, Inc. (NASDAQ:BL) announced today that it will release financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024 followed by a conference call hosted by management at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast and replay will be accessible on BlackLine's investor relations website at https://investors.blackline.com/. To access the conference call by phone, please register here, and dial-in details will be provided. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. About BlackLine BlackLine (N
4 - BLACKLINE, INC. (0001666134) (Issuer)
4 - BLACKLINE, INC. (0001666134) (Issuer)
4 - BLACKLINE, INC. (0001666134) (Issuer)