Morgan Stanley Maintains Overweight on Evercore, Raises Price Target to $276
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Morgan Stanley analyst Ryan Kenny maintains Evercore (NYSE:EVR) with a Overweight and raises the price target from $231 to $276.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2024 | $258.00 | Equal Weight | Wells Fargo |
| 9/11/2024 | $246.00 → $276.00 | Neutral → Buy | Goldman |
| 1/29/2024 | Mkt Perform | Keefe Bruyette | |
| 1/9/2024 | $160.00 → $176.00 | Buy → Neutral | UBS |
| 8/22/2023 | $158.00 → $140.00 | Buy → Neutral | Goldman |
| 4/12/2023 | Sell → Buy | UBS | |
| 4/12/2023 | $102.00 → $131.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/11/2023 | $105.00 → $125.00 | Neutral → Buy | Goldman |
4 - Evercore Inc. (0001360901) (Issuer)
4 - Evercore Inc. (0001360901) (Issuer)
4 - Evercore Inc. (0001360901) (Issuer)
Evercore Inc. (NYSE:EVR): Third Quarter Results Year to Date Results U.S. GAAP Adjusted U.S. GAAP Adjusted Q3 2024 Q3 2023 Q3 2024 Q3 2023 YTD 2024 YTD 2023 YTD 2024 YTD 2023 Net Revenues ($ mm) $ 734.2 $ 570.2 $ 739.5 $ 576.1 $ 2,004.3 $ 1,641.8 $ 2,022.1 $ 1,659.0 Operating Income ($ mm) $ 122.0 $ 76.8 $ 134.6 $ 82.7 $ 314.4 $ 241.4 $ 339.5 $ 261.6 Net Income A
Evercore (NYSE:EVR) will release its third quarter 2024 financial results on Wednesday, October 23, 2024 at 6:45 a.m. Eastern Time. Evercore will host a related conference call, accessible via telephone and webcast, beginning at 8:00 a.m. Eastern Time that same day. Evercore's Chairman and Chief Executive Officer, John S. Weinberg, and Chief Financial Officer, Tim LaLonde, will review the Firm's third quarter 2024 financial results. Following the review, there will be a question and answer session. This conference call is expected to last approximately one hour. Investors and analysts may participate in the live conference call by dialing (800) 225-9448 (toll-free domestic) or (203) 518-9
Evercore Inc. (NYSE:EVR): Second Quarter Results Year to Date Results U.S. GAAP Adjusted U.S. GAAP Adjusted Q2 2024 Q2 2023 Q2 2024 Q2 2023 YTD 2024 YTD 2023 YTD 2024 YTD 2023 Net Revenues ($ mm) $ 689.2 $ 499.4 $ 695.3 $ 505.1 $ 1,270.0 $ 1,071.6 $ 1,282.6 $ 1,082.9 Operating Income ($ mm) $ 108.2 $
144 - Evercore Inc. (0001360901) (Subject)
144 - Evercore Inc. (0001360901) (Subject)
144 - Evercore Inc. (0001360901) (Subject)
Evercore Wealth Management today announced the appointment of Tracy Schneider to managing director and director of marketing and sales coordination. Based in New York City, Ms. Schneider manages the firm's marketing efforts and works with Evercore Wealth Management and Evercore Trust Company advisors to serve ultra-high-net-worth families, foundations and endowments. Ms. Schneider joins Evercore from J.P. Morgan Wealth Management, where she was an executive director in an ultra-high-net-worth advisory team, and previously led the ultra-high-net-worth advisor marketing program. Prior to J.P. Morgan, she was a director at AllianceBernstein, in the private wealth management group. "We are
Evercore (NYSE:EVR) announced today that Eric Neveux and Graham Nix have joined the firm as senior managing directors in the Financial Institutions Group based in Chicago and New York, respectively. Their arrival marks Evercore's latest effort in continuing to build its financial institutions business, which has been an area of significant investment and expansion. Jason Sobol, co-head of U.S. Investment Banking, said, "The financial institutions business remains a core focus of expansion for Evercore, and adding banking sector expertise is a crucial step in this strategy. We believe the banking sector is poised for growth and consolidation as we move into 2025 and beyond. Eric and Graham
Team Excels with Most No. 1 Ranked Analysts for the Second Consecutive Year Evercore ISI was ranked No. 1 among all firms for top-ranked analysts on a weighted basis in Extel's (previously Institutional Investor) All-America Equity Research survey for the third consecutive year. This overall rank is determined by applying the greatest weight to the highest-ranked individuals in each category. Evercore ISI analysts were recognized as Top 3 or Runner Up in 47 categories, and they maintained the largest number of No. 1 position rankings at 17, up from 15 in 2023. Evercore ISI Founder and Chairman Ed Hyman once again topped the polls and received the No. 1 rank in Economics for the 44th year.
Wells Fargo initiated coverage of Evercore with a rating of Equal Weight and set a new price target of $258.00
Goldman upgraded Evercore from Neutral to Buy and set a new price target of $276.00 from $246.00 previously
Keefe Bruyette resumed coverage of Evercore with a rating of Mkt Perform
SC 13G/A - Evercore Inc. (0001360901) (Subject)
SC 13G/A - Evercore Inc. (0001360901) (Subject)
SC 13G/A - Evercore Inc. (0001360901) (Subject)
Keefe, Bruyette & Woods analyst Aidan Hall maintains Evercore (NYSE:EVR) with a Market Perform and raises the price target from $219 to $245.
Goldman Sachs analyst James Yaro maintains Evercore (NYSE:EVR) with a Neutral and raises the price target from $223 to $251.
Evercore (NYSE:EVR) reported quarterly earnings of $1.81 per share which beat the analyst consensus estimate of $1.63 by 11.04 percent. The company reported quarterly sales of $695.270 million which beat the analyst consensus estimate of $611.910 million by 13.62 percent. This is a 37.64 percent increase over sales of $505.142 million the same period last year.
Evercore Wealth Management today announced the appointment of Tracy Schneider to managing director and director of marketing and sales coordination. Based in New York City, Ms. Schneider manages the firm's marketing efforts and works with Evercore Wealth Management and Evercore Trust Company advisors to serve ultra-high-net-worth families, foundations and endowments. Ms. Schneider joins Evercore from J.P. Morgan Wealth Management, where she was an executive director in an ultra-high-net-worth advisory team, and previously led the ultra-high-net-worth advisor marketing program. Prior to J.P. Morgan, she was a director at AllianceBernstein, in the private wealth management group. "We are
Evercore (NYSE:EVR) announced today that Adam Frisch has joined Evercore ISI as a senior managing director to lead research coverage of the financial technology and IT services sectors. Mr. Frisch brings over 25 years of diverse insight as a top-ranked research analyst, a private company executive and an investment banker. Most recently, he was the CEO of Buy It Mobility, an emerging fintech payments company. Prior to this role, he spent 14 years as a research analyst at UBS and Morgan Stanley. Mr. Frisch was recognized as the No. 1 or No. 2 ranked analyst for five consecutive years in Institutional Investor's All-America Research poll and is well known by investors for his deep understand
Evercore announced today (NYSE:EVR) that Andrea Bozzi and Charles Andrez have joined the firm as senior managing directors in its strategic advisory practice based in Paris. They are being joined by Charles-Henri Filippi, who has been appointed chairman of Evercore France. Their arrival marks the latest step in Evercore's continuing build-out of its Investment Banking business in France. In an investment banking career spanning three decades, Andrea Bozzi has advised some of France's largest companies on a broad range of complex and transformative M&A and capital markets transactions. At Evercore, he will focus on advising leading corporates in France and other European countries across a