Stock Track | Evercore Partners Plummets 6.49% Intraday Following KBW Price Target Cut

Stock Track

02/05

Evercore Partners' stock plummeted 6.49% during Thursday's intraday trading session.

The sharp decline came after analyst firm KBW cut its price target on Evercore to $420 from $425, signaling a more cautious stance on the investment bank's shares.

Other analyst actions on Evercore included UBS raising its price target to $383 from $363 while maintaining a Neutral rating, and Morgan Stanley maintaining an Equal-Weight rating.

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