BMO Capital Initiates Envestnet With Market Perform

Analysts at BMO Capital initiated coverage on

with a Market Perform rating. The target price for Envestnet is set to $61. Envestnet shares have gained 37.41% over the past 52 weeks, while the S&P 500 index has surged 12.80% in the same period. Envestnet's shares closed at $56.93 in pre-market trading.