Evercore (EVR) Sees Target Price Increase to $383 from $363 as UBS Maintains Neutral Rating

UBS has raised its price target for Evercore (EVR) from $363 to $383, maintaining a "Neutral" rating. Evercore is a leading independent investment banking advisory firm that generates most of its revenue through merger and acquisition and restructuring advisory services. The average target price for EVR is $400.44, with a high estimate of $438 and a low estimate of $363. The average brokerage recommendation is 2.2, indicating "Outperform" status. The estimated GF Value for EVR in one year is $323.11, suggesting a downside of 6.14% from the current price.