Piper Sandler reiterated coverage on PJT Partners with a new price target
$PJT
Investment Managers
Finance
Piper Sandler reiterated coverage of PJT Partners with a rating of Overweight and set a new price target of $69.00 from $80.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/26/2024 | $100.00 → $75.00 | Neutral → Sell | UBS |
| 1/29/2024 | $101.00 | Mkt Perform | Keefe Bruyette |
| 1/9/2024 | Buy → Neutral | Goldman | |
| 1/3/2024 | $89.00 | Peer Perform → Underperform | Wolfe Research |
| 12/5/2023 | Buy → Neutral | Seaport Research Partners | |
| 10/3/2023 | $84.00 | Neutral | UBS |
| 7/26/2023 | Outperform → Peer Perform | Wolfe Research | |
| 4/7/2022 | $83.00 | Peer Perform → Outperform | Wolfe Research |
Third Quarter Overview Record Third Quarter Revenues of $326 million, an increase of 17% from a year ago GAAP Pretax Income of $49 million and Adjusted Pretax Income of $51 million, both increased 16% from a year ago GAAP Diluted EPS of $0.79 and Adjusted EPS of $0.93, increases of 16% and 19%, respectively, from a year ago Nine Months Overview Record year-to-date Revenues of $1.02 billion, an increase of 23% from a year ago GAAP Pretax Income of $168 million and Adjusted Pretax Income of $172 million, increases of 33% and 32%, respectively, from a year ago GAAP Diluted EPS of $3.08 and Adjusted EPS of $3.10, increases of 40% and 35%, respectively, from a year ago Capital Ma
PJT Partners Inc. ("PJT Partners") (NYSE:PJT) announced that it expects to release its third quarter 2024 financial results on Tuesday morning, October 29, 2024. The earnings release will be available through the Investor Relations section of the PJT Partners website at www.pjtpartners.com. PJT Partners will host a conference call on Tuesday, October 29, 2024 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive Officer, and Helen T. Meates, Chief Financial Officer, will review the results and be available for questions. Investors and analysts may participate in the live conference call by dialing +1 (800)-343-5172 (U.S. domestic) o
Transaction Strengthens PJT's Presence in the Middle East PJT Partners Inc. (the "Company" or "PJT Partners") (NYSE:PJT) announced today that it has entered into an agreement to acquire deNovo Partners ("deNovo"), a leading advisory firm focused on the Middle East and headquartered in Dubai. This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020. Founded in 2010 by May Nasrallah, deNovo's team of more than 20 professionals provides financial advisory services to clients in the Middle East. Since inception, deNovo has advised on more than 100 transactions, including the region's two largest private sector M&A transactions this yea
10-Q - PJT Partners Inc. (0001626115) (Filer)
8-K - PJT Partners Inc. (0001626115) (Filer)
10-Q - PJT Partners Inc. (0001626115) (Filer)
4 - PJT Partners Inc. (0001626115) (Issuer)
4 - PJT Partners Inc. (0001626115) (Issuer)
4 - PJT Partners Inc. (0001626115) (Issuer)
UBS downgraded PJT Partners from Neutral to Sell and set a new price target of $75.00 from $100.00 previously
Keefe Bruyette resumed coverage of PJT Partners with a rating of Mkt Perform and set a new price target of $101.00
Goldman downgraded PJT Partners from Buy to Neutral
SC 13G/A - PJT Partners Inc. (0001626115) (Subject)
SC 13G/A - PJT Partners Inc. (0001626115) (Subject)
SC 13G/A - PJT Partners Inc. (0001626115) (Subject)
Keefe, Bruyette & Woods analyst Michael Brown maintains PJT Partners (NYSE:PJT) with a Market Perform and raises the price target from $99 to $108.
UBS analyst Brennan Hawken maintains PJT Partners (NYSE:PJT) with a Sell and raises the price target from $85 to $93.
Transaction Strengthens PJT's Presence in the Middle East PJT Partners Inc. (the "Company" or "PJT Partners") (NYSE:PJT) announced today that it has entered into an agreement to acquire deNovo Partners ("deNovo"), a leading advisory firm focused on the Middle East and headquartered in Dubai. This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020. Founded in 2010 by May Nasrallah, deNovo's team of more than 20 professionals provides financial advisory services to clients in the Middle East. Since inception, deNovo has advised on more than 100 transactions, including the region's two largest private sector M&A transactions this yea
NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
PJT Partners Inc. (the "Company" or "PJT Partners") (NYSE:PJT) today announced the appointment of K. Don Cornwell to its Board of Directors (the "Board"). He will assume his role on the Board in January 2023, and will continue as a Partner in PJT Partners' Strategic Advisory business until then. Mr. Cornwell joined PJT Partners in February 2015 as one of its earliest partners and played an integral role in building out the Company's Strategic Advisory business while also advising on some of the most significant gaming, sports and entertainment deals in the industry. Prior to joining PJT Partners, he had an 18-year career at Morgan Stanley in the Mergers and Acquisitions Group, where he led
Third Quarter Overview Record Third Quarter Revenues of $326 million, an increase of 17% from a year ago GAAP Pretax Income of $49 million and Adjusted Pretax Income of $51 million, both increased 16% from a year ago GAAP Diluted EPS of $0.79 and Adjusted EPS of $0.93, increases of 16% and 19%, respectively, from a year ago Nine Months Overview Record year-to-date Revenues of $1.02 billion, an increase of 23% from a year ago GAAP Pretax Income of $168 million and Adjusted Pretax Income of $172 million, increases of 33% and 32%, respectively, from a year ago GAAP Diluted EPS of $3.08 and Adjusted EPS of $3.10, increases of 40% and 35%, respectively, from a year ago Capital Ma
PJT Partners Inc. ("PJT Partners") (NYSE:PJT) announced that it expects to release its third quarter 2024 financial results on Tuesday morning, October 29, 2024. The earnings release will be available through the Investor Relations section of the PJT Partners website at www.pjtpartners.com. PJT Partners will host a conference call on Tuesday, October 29, 2024 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive Officer, and Helen T. Meates, Chief Financial Officer, will review the results and be available for questions. Investors and analysts may participate in the live conference call by dialing +1 (800)-343-5172 (U.S. domestic) o
Second Quarter Overview Record Quarterly Revenues of $360 million, an increase of 4% from a year ago GAAP Pretax Income of $64 million and Adjusted Pretax Income of $66 million, both increased 19% from a year ago GAAP Diluted EPS of $1.06 and Adjusted EPS of $1.19, increases of 23% and 20%, respectively, from a year ago Six Months Overview Record First Half and Six Months Revenues of $690 million, an increase of 26% from a year ago GAAP Pretax Income of $118 million and Adjusted Pretax Income of $121 million, increases of 42% and 41%, respectively, from a year ago GAAP Diluted EPS of $2.29 and Adjusted EPS of $2.17, increases of 50% and 43%, respectively, from a year ag