Evercore Inc (NYSE: EVR) stock enjoyed a major increase of 16.2% on 11/6/24. The shares closed at $316.00. Moreover, this advance was accompanied by exceptionally high trading volume at 411% of normal. The stock has risen 19.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, EVR is expected to continue to be a major Value Builder.
Evercore has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Evercore has a poor Appreciation Score of 28 but a very high Power Rating of 94, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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