Headquartered in New York, NY Fiscal year ends December NYSE: EVR evercore.com
Evercore Inc. (NYSE: EVR) is a premier global independent investment banking advisory firm. The company operates through two segments: Investment Banking & Equities and Investment Management. Its core business provides advice on mergers, acquisitions, divestitures, restructurings, capital structure and other strategic corporate transactions. Evercore also offers securities underwriting, private placement services, equity research, and agency-based equity trading execution through its Evercore ISI franchise. Its Investment Management segment includes Evercore Wealth Management, which provides wealth and investment management services to high-net-worth and institutional investors, with approximately $16.2 billion in assets under management. The firm employs approximately 2,835 people worldwide and maintains offices in major financial centers across the Americas, Europe, the Middle East and Asia. Evercore completed its acquisition of UK advisory firm Robey Warshaw, expanding its European presence and capabilities. Updated
The megadeal wave is landing directly in Evercore's revenue line: advisory fees of $1.01 billion rose 14% year over year on mandates including PTC's sale to Schneider Electric, driving a double beat. The adjusted compensation ratio tightened to 63.0%, letting the upside drop through to margin.
Morgan Stanley helped OpenAI build a tool that automates the grunt work of junior banking analysts, which raises an uncomfortable question about whether the banks just engineered their own talent pipeline out…
Evercore founder Roger Altman says the stock market is brushing off wars, energy shocks, and rising interest rates as if they barely exist, and he has a specific reason why that resilience…
Pre-Market Stock Futures: Futures are trading flat as we get ready to start the new trading week, and despite a strong rebound last Wednesday through Friday, we still ended with our second…
Thursday's top analyst upgrades and downgrades included Alcoa, Archer Daniels Midland, Bill, Block, Confluent, Dow, Foot Locker, Huntsman, Las Vegas Sands, LyondellBasell Industries, Raytheon Technologies, Realty Income, Shopify and Wheaton Precious Metals.
Friday's top analyst upgrades and downgrades included AGNC Investment, Biogen, Cano Health, Carnival, Lithium Americas, Meta Platforms, Seagate Technology, Vertiv, VFC and Waste Management.
Friday's top analyst upgrades and downgrades included Allstate, Cisco Systems, CSX, FIGS, Meta Platforms, Nike, ON Semiconductor, Pinterest, SentinelOne and Zscaler.
Thursday's top analyst upgrades and downgrades included Avis Budget, Dynatrace, Norfolk Southern, PACCAR, Salesforce.com, Sherwin-Williams, Teradyne and Teva Pharmaceutical.
Friday's top analyst upgrades and downgrades included Beyond Meat, Blackstone, Crown Castle, Enphase Energy, Ford, Hartford Financial Services, Keurig Dr Pepper, Kimberly-Clark and Mosaic.
The op analyst upgrades, downgrades and initiations seen on Tuesday include Apple, AT&T, BBVA, Cisco Systems, Dollar Tree, Facebook, Roku, Seagate Technology, Turkcell and Verizon Communications.
The top analyst upgrades, downgrades and other research calls from Tuesday include Agilent, Carvana, Cloudera, NCS Multistage, Noble Energy, Shopify and Xilinx.
Thethe top analyst upgrades, downgrades and initiations seen on Monday include AK Steel, JC Penney, Hasbro, Petrobras, Travelers, Agilent Technologies and Regeneron.
The top analyst upgrades, downgrades and initiations on Friday morning include American Express, Citigroup, First Solar, Gap, HP Enterprise, UPS and Wells Fargo.
With the market trading near all-time highs for the past six weeks, and earnings restriction windows reopening, insiders are taking advantage and selling shares.
Stocks tried to stabilize on Monday, and Tuesday’s early indications were for Dow and S&P 500 futures to be up almost 1%. Last week’s sell-off may have been the worst opening week…
Tuesday's top analyst upgrades and downgrades include American Express, BIND Therapeutics, Devon Energy, General Motors, Novavax and Toyota.
Evercore Inc. (NYSE: EVR) is a premier global independent investment banking advisory firm. The company operates through two segments: Investment Banking & Equities and Investment Management.
24/7 Wall St.'s 12-month price target for EVR is $381.83, rated Buy. The Wall Street consensus target is $346.80. EVR price prediction →
