While Blackline Inc’s (NASDAQ: BL) business and management team are strong, the company’s stock is currently trading at a premium to its horizontal software peers and seems to reflect all the potential good news as well as some potential M&A premium, according to BofA Securities.
JMP Securities analyst Matthew Carletti maintains Heritage Insurance Hldgs (NYSE:HRTG) with a Market Outperform and lowers the price target from $10 to $8.