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Rosenblatt Securities analyst Robert Simmons initiated coverage of Blackline Inc with a Buy rating and $65 price target. Simmons believes Blackline is well-positioned for accelerating growth, with revenue expected to reach 10% in 2026 and 13% in 2027. The company is also expected to drive significant margin expansion of around 700 basis points through 2027. Shares of Blackline rose 1.5% to $56.95 on Tuesday.

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