Morgan Stanley has reduced its price target for BlackLine (NASDAQ:BL) to $68 from $73, while maintaining an Overweight rating on the financial software company. Despite the target reduction, BlackLine remains a “Top Pick” due to positive growth metrics such as contract revenue performance obligations, TTM billings, and annual recurring revenue growth, along with an improved net revenue retention rate. The company also recently surpassed Wall Street’s Q4 2025 financial expectations with higher-than-anticipated EPS and revenue.
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BlackLine stock price target lowered to $68 by Morgan Stanley
Morgan Stanley has reduced its price target for BlackLine (NASDAQ:BL) to $68 from $73, while maintaining an Overweight rating on the financial software company. Despite the target reduction, BlackLine remains a “Top Pick” due to positive growth metrics such as contract revenue performance obligations, TTM billings, and annual recurring revenue growth, along with an improved net revenue retention rate. The company also recently surpassed Wall Street’s Q4 2025 financial expectations with higher-than-anticipated EPS and revenue.