Blackline Inc (NYSE:BL) price target bumped up to $31.00, released a ratings update earlier today by Pacific Crest
- Updated: November 27, 2016
Pacific Crest upped the price target of Blackline Inc (NYSE:BL) to $31.00 indicating a possible upside of 0.12%.
Only yesterday Blackline Inc (NYSE:BL) traded -0.48% lower at $27.75. The company’s 50-day moving average is $24.78 and its 200-day moving average is $24.78. With the last close up 8.30% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 81,994 shares of Blackline Inc exchanged hands, down from an avg. volume of 188,469
With a market cap of $0, Blackline Inc has 52 week low of $21.66 and a 52 week high of $28.50 .
About Blackline Inc (NYSE:BL)
BlackLine, Inc. is a holding company. The Company provides cloud-based software platform that is designed to automate and streamline accounting and finance operations. The Company's platform supports accounting processes, such as the financial close, account reconciliation, intercompany accounting and controls assurance. Its platform consists of seven core cloud-based products, including Account Reconciliation, Task Management, Transaction Matching, Journal Entry, Variance Analysis, Consolidation Integrity Manager and Daily Reconciliation. The Company's solutions include Reconciliation Management and Financial Close Management, Intercompany Hub and Insights. The Company's platform integrates with a range of general ledger systems, financial systems and in-house databases, customer applications and data, and over 30 enterprise resource planning (ERP) systems, including NetSuite, Oracle and Workday. The Company offers its customers implementation and consulting services.
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