In a report released yesterday, Devin Ryan from JMP Securities maintained a Buy rating on Envestnet (ENV – Research Report), with a price target of $97.00. The company's shares closed last Monday at $64.07, close to its 52-week low of $61.75. According to TipRanks.com, Ryan is a 5-star analyst with an average return of 13.0% and a 53.1% success rate. Ryan covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Perella Weinberg Partners, and Oaktree Specialty Lending. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Envestnet with a $85.89 average price target, representing a 21.5% upside.
https://www.tipranks.com/news/blurbs/jmp-securities-thinks-envestnets-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Envestnet (NYSE:ENV)
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