BlackLine price target raised to $65 from $63 at Citi

Citi analyst Steven Enders raised the firm’s price target on BlackLine to $65 from $63 and keeps a Sell rating on the shares post the Q4 results. The company guided revive down for Q1 and 2023 as deals continue to slip, yet raised earnings on expense discipline and higher rates, the analyst tells investors in a research note. The firm believes the shares are fully valued.