The Vetr crowd downgraded their rating for Blackline Inc BL on Monday, from 4.5 stars (Strong Buy), issued three days ago, to 3.5 stars (Buy). Crowd sentiment for Blackline is unanimously positive, with 100 percent of Vetr user ratings bullish.
The financial software company is set to release its first quarterly earnings report after becoming publicly traded in October 2016. If share price is any indication, expectations are mixed as the stock has been trading slightly up the past couple days following a slight dip from $28 to below $27 at the end of January. Blackline finished today at $27.26.
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Currently, the Vetr crowd's average target price is up at $29.43 Less than 2% of Vetr users are holding $BL in their watch-lists.
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