Goldman Sachs Revises Price Target for Evercore (N…

.July 24, 2024 09:09:20 PM

Goldman Sachs analyst James Yaro raised Evercore’s price target to $251, indicating a potential 6.18% upside. The adjustment was made on July 24, 2024, with Evercore’s shares trading at $236.39. The new target reflects a positive outlook for Evercore, known for its expertise in mergers, acquisitions, and financial restructuring. The update coincided with Evercore’s Q2 2024 Earnings Conference Call, where key executives discussed financial performance and strategic initiatives. Despite the positive forecast, Evercore’s stock saw a 3.19% decrease, showcasing market volatility. Trading volume on the NYSE was active, indicating investor interest in Evercore’s future prospects.